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Dupage Policy Journal

Saturday, November 16, 2024

Lombard home prices rise in November 2017

Realestate4

The median sale price of a home sold in November 2017 in Lombard rose by $15,750 while total sales increased by 6%, according to BlockShopper.com.

In November 2017, there were 53 homes sold, with a median sale price of $233,000 - a 7.2% increase over the $217,250 median sale price for the same period of the previous year. There were 50 homes sold in Lombard in November 2016.

The median sales tax in Lombard for 2017 was $5,641.62. In 2016, the median sales tax was $5,507.40. This marks an increase of 2.4%. 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 Lombard to other DuPage County cities with similar median sales prices in November 2017:

CityNov. 2017 Home SalesNov. 2016 Home Sales% change (Total Home Sales)Nov. 2017 Median Sales PriceNov. 2016 Median Sales Price% change (Median Sales Price)
Bloomingdale1841-56.1%$267,500$270,000-0.9%
Bartlett2124-12.5%$257,000$252,5001.8%
Villa Park2027-25.9%$256,250$194,50031.7%
Willowbrook1314-7.1%$255,000$141,00080.9%
Westmont2022-9.1%$253,500$242,5004.5%
Lombard53506%$233,000$217,2507.2%
Addison2835-20%$225,000$225,0000%
Bolingbrook220%$219,000$296,250-26.1%
Aurora5470-22.9%$217,350$198,7509.4%
Carol Stream2931-6.5%$205,000$212,000-3.3%
Warrenville201533.3%$201,500$197,0002.3%

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