November 2021: Westmont experienced a 13.3% drop in median home prices

November 2021: Westmont experienced a 13.3% drop in median home prices
By DuPage Policy Journal

The median sale price of a home sold in November 2021 in Westmont fell by $41,250 while total sales increased by 3.1%, according to BlockShopper.com.

In November 2021, there were 33 homes sold, with a median sale price of $270,000 - a 13.3% decrease over the $311,250 median sale price for the same period of the previous year. There were 32 homes sold in Westmont in November 2020.

The median sales tax in Westmont for the most recent year with available data, 2019, was $5,339, approximately 2% of the median home sale price for November 2021.

The following table compares Westmont to other DuPage County cities with similar median sale prices in November 2021:

CityNov. 2021 Home SalesNov. 2020 Home Sales% change (Total Home Sales)Nov. 2021 Median Sales PriceNov. 2020 Median Sales Price% change (Median Sales Price)
Carol Stream3839-2.6%$277,500$251,00010.6%
Bensenville191090%$275,500$243,50013.1%
Villa Park25244.2%$275,000$273,5000.5%
Addison473534.3%$270,000$252,0007.1%
Roselle2347-51.1%$270,000$265,0001.9%
Westmont33323.1%$270,000$311,250-13.3%
Lombard685425.9%$266,500$271,000-1.7%
Aurora1016848.5%$265,000$250,0006%
West Chicago231643.8%$255,000$232,5009.7%
Warrenville191711.8%$235,000$220,0006.8%
Hanover Park352540%$224,000$212,0005.7%


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