Medinah home prices rise in November 2019

Medinah home prices rise in November 2019
By Metric Media News Service

The median sale price of a home sold in November 2019 in Medinah rose by $96,000 while total sales decreased by 66.7%, according to BlockShopper.com.

In November 2019, there were two homes sold, with a median sale price of $442,000 - a 27.7% increase over the $346,000 median sale price for the same period of the previous year. There were six homes sold in Medinah in November 2018.

The median sales tax in Medinah for the most recent year with available data, 2018, was $7,065, approximately 1.6% of the median home sale price for November 2019.

The following table compares Medinah to other DuPage County cities with similar median sales prices in November 2019:

CityNov. 2019 Home SalesNov. 2018 Home Sales% change (Total Home Sales)Nov. 2019 Median Sales PriceNov. 2018 Median Sales Price% change (Median Sales Price)
Hinsdale31296.9%$785,000$780,0000.6%
Oak Brook11110%$650,000$688,000-5.5%
Burr Ridge1113-15.4%$465,000$405,00014.8%
Medinah26-66.7%$442,000$346,00027.7%
Elmhurst7374-1.4%$395,000$337,50017%
Clarendon Hills251931.6%$389,000$435,000-10.6%
Naperville143164-12.8%$350,000$334,0004.8%
Glen Ellyn2847-40.4%$332,500$290,00014.7%
Winfield910-10%$321,500$291,25010.4%
Wheaton7477-3.9%$318,500$304,0004.8%
Glenbard South7616.7%$314,500$305,0003.1%


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