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Dupage Policy Journal

Tuesday, April 23, 2024

Elmhurst (DuPage County) home prices fall in February 2017

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The median sale price of a home sold in February 2017 in Elmhurst in DuPage County fell by $100,000 while total sales increased by 104.3%, according to BlockShopper.com.

In February 2017, there were 47 homes sold, with a median sale price of $320,000 - a 23.8% decrease over the $420,000 median sale price for the same period of the previous year. There were 23 homes sold in Elmhurst in February 2016.

The median sales tax in Elmhurst for 2017 was $7,433.32. In 2016, the median sales tax was $7,226.20. This marks an increase of 2.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.3%.

The following table compares Elmhurst to other DuPage County cities with similar median sales prices in February 2017:

CityFeb. 2017 Home SalesFeb. 2016 Home Sales% change (Total Home Sales)Feb. 2017 Median Sales PriceFeb. 2016 Median Sales Price% change (Median Sales Price)
Oak Brook510-50%$565,000$592,500-4.6%
Wayne220%$526,000$425,00023.8%
Medinah220%$477,500$357,50033.6%
Clarendon Hills68-25%$420,500$236,25078%
Glen Ellyn1827-33.3%$372,000$460,000-19.1%
Elmhurst4723104.3%$320,000$420,000-23.8%
St. Charles12-50%$295,000$260,50013.2%
Naperville7891-14.3%$290,700$300,000-3.1%
Wheaton3141-24.4%$290,000$300,000-3.3%
Woodridge1524-37.5%$280,000$214,00030.8%
Darien262030%$273,000$271,2500.6%
* This story only considers sales data for the part of Elmhurst that is in DuPage County.

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