From January through December of 2017, there were 304 homes sold, with a median sale price of $861,000 - a 9.7% increase over the $785,000 median sale price for the previous year. There were 340 homes sold in Hinsdale in 2016.
The median sales tax in Hinsdale for 2017 was $13,460. In 2016, the median sales tax was $12,893. This marks an increase of 4.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.6%.
The following table compares Hinsdale to other DuPage County cities with similar median sales prices in 2017:
City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Hinsdale | 304 | 340 | -10.6% | $861,000 | $785,000 | 9.7% |
Oak Brook | 142 | 121 | 17.4% | $680,000 | $685,000 | -0.7% |
Burr Ridge | 119 | 115 | 3.5% | $575,000 | $595,000 | -3.4% |
Clarendon Hills | 192 | 193 | -0.5% | $447,000 | $418,000 | 6.9% |
Wayne | 40 | 20 | 100% | $390,000 | $457,500 | -14.8% |
Elmhurst | 812 | 753 | 7.8% | $380,000 | $380,000 | 0% |
Glen Ellyn | 488 | 553 | -11.8% | $375,000 | $390,000 | -3.8% |
Medinah | 31 | 27 | 14.8% | $355,000 | $358,000 | -0.8% |
Glenbard South | 60 | 51 | 17.6% | $340,750 | $322,500 | 5.7% |
Naperville | 1,711 | 1,731 | -1.2% | $330,000 | $315,000 | 4.8% |
Downers Grove | 964 | 854 | 12.9% | $315,000 | $294,500 | 7% |