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Dupage Policy Journal

Friday, April 26, 2024

Wheaton home prices rise in October 2018

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The median sale price of a home sold in October 2018 in Wheaton rose by $109,500 while total sales increased by 10.4%, according to BlockShopper.com.

In October 2018, there were 53 homes sold, with a median sale price of $346,000 - a 46.3% increase over the $236,500 median sale price for the same period of the previous year. There were 48 homes sold in Wheaton in October 2017.

The median sales tax in Wheaton for the most recent year with available data, 2017, was $7,383.10, approximately 2.1% of the median home sale price for October 2018.

The following table compares Wheaton to other DuPage County cities with similar median sales prices in October 2018:

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Hinsdale201442.9%$526,000$577,500-8.9%
Wayne21100%$475,000$430,00010.5%
Medinah330%$395,000$315,00025.4%
Glen Ellyn2526-3.8%$365,000$287,50027%
Elmhurst533455.9%$350,000$446,500-21.6%
Wheaton534810.4%$346,000$236,50046.3%
Itasca84100%$330,500$412,500-19.9%
Winfield9812.5%$330,000$227,25045.2%
Naperville1306697%$325,000$322,5000.8%
Downers Grove685719.3%$319,500$280,00014.1%
Westmont1423-39.1%$315,500$273,50015.4%

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