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Dupage Policy Journal

Sunday, November 24, 2024

Glenbard South home prices fall in May 2017

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The median sale price of a home sold in May 2017 in Glenbard South fell by $11,500 while total sales increased by 66.7%, according to BlockShopper.com.

In May 2017, there were 10 homes sold, with a median sale price of $358,500 - a 3.1% decrease over the $370,000 median sale price for the same period of the previous year. There were six homes sold in Glenbard South in May 2016.

The median sales tax in Glenbard South for 2017 was $7,125.54. In 2016, the median sales tax was $6,969.60. This marks an increase of 2.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2%.

The following table compares Glenbard South 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)
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%
Wheaton977529.3%$300,000$317,000-5.4%
Darien4447-6.4%$286,950$295,000-2.7%

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