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Dupage Policy Journal

Wednesday, April 24, 2024

Winfield home prices rise in March 2017

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The median sale price of a home sold in March 2017 in Winfield rose by $187,000 while total sales increased by 57.1%, according to BlockShopper.com.

In March 2017, there were 11 homes sold, with a median sale price of $349,500 - a 115.1% increase over the $162,500 median sale price for the same period of the previous year. There were seven homes sold in Winfield in March 2016.

The median sales tax in Winfield for 2017 was $7,234.19. In 2016, the median sales tax was $7,057.60. This marks an increase of 2.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.1%.

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

CityMar. 2017 Home SalesMar. 2016 Home Sales% change (Total Home Sales)Mar. 2017 Median Sales PriceMar. 2016 Median Sales Price% change (Median Sales Price)
Medinah3250%$480,000$357,50034.3%
Clarendon Hills181250%$455,000$402,75013%
Glenbard South72250%$425,000$261,25062.7%
Wayne50-$370,000$0-
Elmhurst575014%$356,000$341,2504.3%
Winfield11757.1%$349,500$162,500115.1%
Glen Ellyn38372.7%$318,000$400,000-20.5%
Naperville1178144.4%$315,000$320,000-1.6%
Darien2233-33.3%$301,500$300,0000.5%
Downers Grove64623.2%$298,000$255,00016.9%
Itasca811-27.3%$289,207$165,00075.3%

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