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Dupage Policy Journal

Sunday, November 24, 2024

Glen Ellyn home prices fall in May 2017

Realestate4

The median sale price of a home sold in May 2017 in Glen Ellyn fell by $87,500 while total sales increased by 11.7%, according to BlockShopper.com.

In May 2017, there were 67 homes sold, with a median sale price of $379,000 - a 18.8% decrease over the $466,500 median sale price for the same period of the previous year. There were 60 homes sold in Glen Ellyn in May 2016.

The median sales tax in Glen Ellyn for 2017 was $8,606.62. In 2016, the median sales tax was $8,629.20. This marks an decrease of 0.3%. 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 Glen Ellyn 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)
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%
Naperville18516114.9%$325,000$335,000-3%

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