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Dupage Policy Journal

Sunday, November 24, 2024

Wayne (DuPage County) home prices rise in May 2017

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The median sale price of a home sold in May 2017 in Wayne in DuPage County rose by $61,750 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In May 2017, there were two homes sold, with a median sale price of $395,000 - a 18.5% increase over the $333,250 median sale price for the same period of the previous year. There were two homes sold in Wayne in May 2016, as well.

The median sales tax in Wayne for 2017 was $12,175.08. In 2016, the median sales tax was $12,670.60. This marks an decrease of 3.9%. 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 Wayne 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 Wayne that is in DuPage County.

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