Medinah home prices rise in September 2019

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

The median sale price of a home sold in September 2019 in Medinah rose by $59,500 while total sales increased by 50%, according to BlockShopper.com.

In September 2019, there were six homes sold, with a median sale price of $410,000 - a 17% increase over the $350,500 median sale price for the same period of the previous year. There were four homes sold in Medinah in September 2018.

The median sales tax in Medinah for the most recent year with available data, 2018, was $7,065, approximately 1.7% of the median home sale price for September 2019.

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

CitySept. 2019 Home SalesSept. 2018 Home Sales% change (Total Home Sales)Sept. 2019 Median Sales PriceSept. 2018 Median Sales Price% change (Median Sales Price)
Hinsdale251747.1%$825,000$687,50020%
Oak Brook115120%$651,000$780,000-16.5%
Clarendon Hills229144.4%$616,000$189,000225.9%
Wayne220%$565,000$772,500-26.9%
Burr Ridge125140%$530,000$815,000-35%
Medinah6450%$410,000$350,50017%
Elmhurst8240105%$395,000$360,0009.7%
Downers Grove934989.8%$375,000$317,00018.3%
Winfield92350%$370,000$194,50090.2%
Naperville17859201.7%$360,000$378,000-4.8%
Wheaton8331167.7%$337,000$308,0009.4%


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