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Dupage Policy Journal

Sunday, November 24, 2024

Bloomingdale home prices rise in May 2017

Realestate1

The median sale price of a home sold in May 2017 in Bloomingdale rose by $19,500 while total sales increased by 62.5%, according to BlockShopper.com.

In May 2017, there were 52 homes sold, with a median sale price of $257,500 - a 8.2% increase over the $238,000 median sale price for the same period of the previous year. There were 32 homes sold in Bloomingdale in May 2016.

The median sales tax in Bloomingdale for 2017 was $6,638.06. In 2016, the median sales tax was $6,395.10. This marks an increase of 3.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.6%.

The following table compares Bloomingdale 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)
Oakbrook Terrace41300%$267,500$150,00078.3%
Bartlett4253-20.8%$267,000$240,00011.3%
Roselle312714.8%$265,000$239,00010.9%
West Chicago2533-24.2%$260,000$173,00050.3%
Bolingbrook13-66.7%$260,000$282,000-7.8%
Bloomingdale523262.5%$257,500$238,0008.2%
Itasca14140%$256,500$207,50023.6%
Lombard66618.2%$247,700$199,00024.5%
Woodridge402748.1%$240,038.50$250,000-4%
Carol Stream48464.3%$232,000$222,7504.2%
Bensenville191435.7%$230,000$201,00014.4%

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