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Dupage Policy Journal

Friday, April 19, 2024

Elmhurst (DuPage County) home prices rise in the fourth quarter of 2017

Realestate077

The median sale price of a home sold in the fourth quarter of 2017 in Elmhurst in DuPage County rose by $9,000 while total sales decreased by 24.1%, according to BlockShopper.com.

From October through December of 2017, there were 132 homes sold, with a median sale price of $350,000 - a 2.6% increase over the $341,000 median sale price for the same period of the previous year. There were 174 homes sold in Elmhurst in the fourth quarter of 2016.

The median sales tax in Elmhurst for 2017 was $7,433.32. In 2016, the median sales tax was $7,226.20. This marks an increase of 2.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.1%.

The following table compares Elmhurst to other DuPage County cities with similar median sales prices in the fourth quarter of 2017:

CityOct. - Dec. 2017 Home SalesOct. - Dec. 2016 Home Sales% change (Total Home Sales)Oct. - Dec. 2017 Median Sales PriceOct. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Oak Brook28280%$717,500$695,0003.2%
Hinsdale4568-33.8%$669,000$712,500-6.1%
Burr Ridge2432-25%$542,500$590,750-8.2%
Clarendon Hills3441-17.1%$412,500$335,00023.1%
Glen Ellyn89122-27%$393,500$315,00024.9%
Elmhurst132174-24.1%$350,000$341,0002.6%
Wayne84100%$347,500$597,500-41.8%
Medinah79-22.2%$336,000$375,000-10.4%
Winfield24234.3%$325,000$255,00027.5%
Naperville324371-12.7%$323,500$295,0009.7%
Darien6884-19%$306,000$247,50023.6%
* This story only considers sales data for the part of Elmhurst that is in DuPage County.

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