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Dupage Policy Journal

Tuesday, November 26, 2024

Wayne (DuPage County) home prices fall in July 2017

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The median sale price of a home sold in July 2017 in Wayne in DuPage County fell by $68,000 while total sales increased by 250%, according to BlockShopper.com.

In July 2017, there were seven homes sold, with a median sale price of $490,000 - a 12.2% decrease over the $558,000 median sale price for the same period of the previous year. There were two homes sold in Wayne in July 2016.

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 2.5%.

The following table compares Wayne to other DuPage County cities with similar median sales prices in July 2017:

CityJuly 2017 Home SalesJuly 2016 Home Sales% change (Total Home Sales)July 2017 Median Sales PriceJuly 2016 Median Sales Price% change (Median Sales Price)
Hinsdale2941-29.3%$1,125,000$1,030,0009.2%
Oak Brook18175.9%$746,000$732,5001.8%
Burr Ridge121020%$668,500$526,50027%
Clarendon Hills2526-3.8%$580,000$692,500-16.2%
Wayne72250%$490,000$558,000-12.2%
Glen Ellyn57553.6%$435,000$412,0005.6%
Elmhurst84813.7%$422,500$430,000-1.7%
Oakbrook Terrace34-25%$369,900$187,25097.5%
Downers Grove1027732.5%$350,000$330,0006.1%
Naperville197208-5.3%$348,000$313,00011.2%
Glenbard South6520%$340,000$264,00028.8%
* This story only considers sales data for the part of Wayne that is in DuPage County.

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