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Dupage Policy Journal

Monday, November 25, 2024

Wheaton home prices rise in August 2017

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The median sale price of a home sold in August 2017 in Wheaton rose by $60,000 while total sales decreased by 19.5%, according to BlockShopper.com.

In August 2017, there were 95 homes sold, with a median sale price of $333,000 - a 22% increase over the $273,000 median sale price for the same period of the previous year. There were 118 homes sold in Wheaton in August 2016.

The median sales tax in Wheaton for 2017 was $7,383.12. In 2016, the median sales tax was $7,229.80. This marks an increase of 2.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.2%.

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

CityAug. 2017 Home SalesAug. 2016 Home Sales% change (Total Home Sales)Aug. 2017 Median Sales PriceAug. 2016 Median Sales Price% change (Median Sales Price)
Clarendon Hills2021-4.8%$425,000$570,000-25.4%
Elmhurst96897.9%$402,550$383,0005.1%
Glen Ellyn5063-20.6%$365,000$419,000-12.9%
Wayne51400%$357,500$414,500-13.8%
Naperville20517119.9%$347,000$343,0001.2%
Wheaton95118-19.5%$333,000$273,00022%
Winfield1617-5.9%$331,000$322,0002.8%
Darien43422.4%$315,000$310,0001.6%
Bolingbrook10-$312,500$0-
Glenbard South68-25%$310,000$307,5000.8%
Itasca221369.2%$304,000$245,00024.1%

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