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Dupage Policy Journal

Friday, April 19, 2024

West Chicago home prices fall in February 2017

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The median sale price of a home sold in February 2017 in West Chicago fell by $500 while total sales decreased by 7.7%, according to BlockShopper.com.

In February 2017, there were 12 homes sold, with a median sale price of $188,500 - a 0.3% decrease over the $189,000 median sale price for the same period of the previous year. There were 13 homes sold in West Chicago in February 2016.

The median sales tax in West Chicago for 2017 was $5,899.90. In 2016, the median sales tax was $5,734.30. 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 3.1%.

The following table compares West Chicago 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)
Lombard3649-26.5%$208,000$196,0006.1%
Villa Park1518-16.7%$207,000$221,500-6.5%
Wood Dale814-42.9%$200,250$203,250-1.5%
Carol Stream28273.7%$199,250$173,00015.2%
Warrenville1415-6.7%$199,000$165,00020.6%
West Chicago1213-7.7%$188,500$189,000-0.3%
Willowbrook10911.1%$182,637.50$155,00017.8%
Addison1324-45.8%$175,500$202,500-13.3%
Bloomingdale231921.1%$168,000$250,000-32.8%
Glendale Heights292231.8%$162,000$167,500-3.3%
York Center46-33.3%$159,500$140,50013.5%

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