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Dupage Policy Journal

Monday, November 25, 2024

Lombard home prices rise in April 2017

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The median sale price of a home sold in April 2017 in Lombard rose by $29,900 while total sales increased by 86.1%, according to BlockShopper.com.

In April 2017, there were 67 homes sold, with a median sale price of $248,900 - a 13.7% increase over the $219,000 median sale price for the same period of the previous year. There were 36 homes sold in Lombard in April 2016.

The median sales tax in Lombard for 2017 was $5,641.62. In 2016, the median sales tax was $5,507.40. This marks an increase of 2.4%. 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 Lombard to other DuPage County cities with similar median sales prices in April 2017:

CityApr. 2017 Home SalesApr. 2016 Home Sales% change (Total Home Sales)Apr. 2017 Median Sales PriceApr. 2016 Median Sales Price% change (Median Sales Price)
Winfield880%$306,000$303,5000.8%
Wheaton67661.5%$290,000$316,250-8.3%
Woodridge37370%$282,500$227,50024.2%
Westmont231735.3%$276,000$295,000-6.4%
Darien2633-21.2%$257,750$233,00010.6%
Lombard673686.1%$248,900$219,00013.7%
Villa Park1822-18.2%$248,000$242,0002.5%
Bartlett393221.9%$247,000$276,500-10.7%
Oakbrook Terrace50-$239,000$0-
Lisle241560%$239,000$277,500-13.9%
Carol Stream4146-10.9%$235,000$182,50028.8%

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