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Dupage Policy Journal

Wednesday, April 24, 2024

Warrenville home prices fall in the second half of 2017

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The median sale price of a home sold in the second half of 2017 in Warrenville fell by $12,300 while total sales decreased by 2.2%, according to BlockShopper.com.

From July through December of 2017, there were 136 homes sold, with a median sale price of $184,700 - a 6.2% decrease over the $197,000 median sale price for the same period of the previous year. There were 139 homes sold in Warrenville in the second half of 2016.

The median sales tax in Warrenville for 2017 was $4,626. In 2016, the median sales tax was $4,446. This marks an increase of 4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.5%.

The following table compares Warrenville to other DuPage County cities with similar median sales prices in the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Addison211221-4.5%$225,000$207,5008.4%
Aurora547555-1.4%$222,500$199,50011.5%
Carol Stream2572541.2%$220,000$210,0004.8%
Bensenville90900%$218,000$189,50015%
Wood Dale93103-9.7%$200,000$232,500-14%
Willowbrook95110-13.6%$190,000$168,50012.8%
Warrenville136139-2.2%$184,700$197,000-6.2%
Hanover Park1431328.3%$181,000$158,50014.2%
Glendale Heights24219921.6%$180,000$175,0002.9%
York Center484117.1%$161,750$128,00026.4%
Dupage City645810.3%$120,000$106,50012.7%

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