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Dupage Policy Journal

Monday, November 18, 2024

Darien home prices rise in October 2017

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The median sale price of a home sold in October 2017 in Darien rose by $92,500 while total sales decreased by 50%, according to BlockShopper.com.

In October 2017, there were 14 homes sold, with a median sale price of $331,250 - a 38.7% increase over the $238,750 median sale price for the same period of the previous year. There were 28 homes sold in Darien in October 2016.

The median sales tax in Darien for 2017 was $5,952.72. In 2016, the median sales tax was $5,816.70. This marks an increase of 2.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.8%.

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

CityOct. 2017 Home SalesOct. 2016 Home Sales% change (Total Home Sales)Oct. 2017 Median Sales PriceOct. 2016 Median Sales Price% change (Median Sales Price)
Burr Ridge813-38.5%$567,500$595,000-4.6%
Clarendon Hills921-57.1%$480,000$352,50036.2%
Elmhurst3466-48.5%$446,500$390,00014.5%
Wayne10-$430,000$0-
Itasca412-66.7%$412,500$242,50070.1%
Darien1428-50%$331,250$238,75038.7%
Naperville66153-56.9%$322,500$277,50016.2%
Medinah35-40%$315,000$416,000-24.3%
Glen Ellyn2644-40.9%$287,500$278,5003.2%
Bartlett2638-31.6%$286,000$255,00012.2%
Lisle1527-44.4%$285,000$205,00039%

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