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Dupage Policy Journal

Tuesday, April 23, 2024

Glen Ellyn home prices fall in the fourth quarter of 2018

Realestate3

The median sale price of a home sold in the fourth quarter of 2018 in Glen Ellyn fell by $71,500 while total sales increased by 23.6%, according to BlockShopper.com.

From October through December of 2018, there were 110 homes sold, with a median sale price of $322,000 - a 18.2% decrease over the $393,500 median sale price for the same period of the previous year. There were 89 homes sold in Glen Ellyn in the fourth quarter of 2017.

The median sales tax in Glen Ellyn for the most recent year with available data, 2017, was $8,606.60, approximately 2.7% of the median home sale price for the fourth quarter of 2018.

The following table compares Glen Ellyn to other DuPage County cities with similar median sales prices in the fourth quarter of 2018:

CityOct. - Dec. 2018 Home SalesOct. - Dec. 2017 Home Sales% change (Total Home Sales)Oct. - Dec. 2018 Median Sales PriceOct. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Wayne880%$410,000$347,50018%
Clarendon Hills473438.2%$395,000$412,500-4.2%
Medinah11757.1%$362,000$336,0007.7%
Elmhurst18813242.4%$358,750$350,0002.5%
Naperville42332430.6%$330,000$323,5002%
Glen Ellyn1108923.6%$322,000$393,500-18.2%
Oakbrook Terrace12119.1%$315,000$242,00030.2%
Winfield272412.5%$308,000$325,000-5.2%
Bolingbrook72250%$305,000$219,00039.3%
Downers Grove2011943.6%$299,500$292,2502.5%
Wheaton19615129.8%$297,500$286,0004%

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