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Dupage Policy Journal

Sunday, November 24, 2024

Elmhurst (DuPage County) home prices rise in May 2017

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The median sale price of a home sold in May 2017 in Elmhurst in DuPage County rose by $10,500 while total sales increased by 17.2%, according to BlockShopper.com.

In May 2017, there were 102 homes sold, with a median sale price of $397,500 - a 2.7% increase over the $387,000 median sale price for the same period of the previous year. There were 87 homes sold in Elmhurst in May 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 1.9%.

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

CityMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
Hinsdale34333%$980,000$630,00055.6%
Burr Ridge16160%$793,750$478,00066.1%
Oak Brook161060%$583,416.50$705,000-17.2%
Clarendon Hills211631.3%$450,000$464,500-3.1%
Elmhurst1028717.2%$397,500$387,0002.7%
Wayne220%$395,000$333,25018.5%
Glen Ellyn676011.7%$379,000$466,500-18.8%
Medinah4333.3%$363,500$350,0003.9%
Glenbard South10666.7%$358,500$370,000-3.1%
Downers Grove998516.5%$340,000$287,00018.5%
Lisle452766.7%$336,000$375,000-10.4%
* This story only considers sales data for the part of Elmhurst that is in DuPage County.

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