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Dupage Policy Journal

Sunday, November 24, 2024

Villa Park home prices fall in May 2017

Re 12

The median sale price of a home sold in May 2017 in Villa Park fell by $4,500 while total sales increased by 6.9%, according to BlockShopper.com.

In May 2017, there were 31 homes sold, with a median sale price of $212,500 - a 2.1% decrease over the $217,000 median sale price for the same period of the previous year. There were 29 homes sold in Villa Park in May 2016.

The median sales tax in Villa Park for 2017 was $5,073.50. In 2016, the median sales tax was $4,893.60. This marks an increase of 3.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.4%.

The following table compares Villa Park 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)
Carol Stream48464.3%$232,000$222,7504.2%
Bensenville191435.7%$230,000$201,00014.4%
Willowbrook1723-26.1%$222,000$175,00026.9%
Aurora1151104.5%$220,000$221,000-0.5%
Westmont392839.3%$217,500$229,250-5.1%
Villa Park31296.9%$212,500$217,000-2.1%
Warrenville312147.6%$209,000$191,0009.4%
St. Charles4333.3%$205,000$198,0003.5%
Wood Dale341888.9%$196,348$208,000-5.6%
Addison443429.4%$193,950$180,0007.8%
Glendale Heights3946-15.2%$170,000$165,5002.7%

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