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Dupage Policy Journal

Friday, April 19, 2024

Burr Ridge (DuPage County) home prices fall in 2018

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The median sale price of a home sold in 2018 in Burr Ridge in DuPage County fell by $42,000 while total sales decreased by 21.8%, according to BlockShopper.com.

From January through December of 2018, there were 93 homes sold, with a median sale price of $533,000 - a 7.3% decrease over the $575,000 median sale price for the previous year. There were 119 homes sold in Burr Ridge in 2017.

The median sales tax in Burr Ridge for the most recent year with available data, 2017, was $10,708, approximately 2% of the median home sale price for 2018.

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

CityJan. - Dec. 2018 Home SalesJan. - Dec. 2017 Home Sales% change (Total Home Sales)Jan. - Dec. 2018 Median Sales PriceJan. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Hinsdale270304-11.2%$835,000$861,000-3%
Oak Brook109142-23.2%$688,000$680,0001.2%
Burr Ridge93119-21.8%$533,000$575,000-7.3%
Wayne3040-25%$455,000$390,00016.7%
Clarendon Hills153192-20.3%$435,000$447,000-2.7%
Elmhurst643812-20.8%$395,000$380,0003.9%
Glen Ellyn375488-23.2%$366,000$375,000-2.4%
Naperville1,4401,711-15.8%$349,000$330,0005.8%
Medinah2631-16.1%$345,500$355,000-2.7%
Downers Grove719964-25.4%$320,000$315,0001.6%
Glenbard South686013.3%$320,000$340,750-6.1%
* This story only considers sales data for the part of Burr Ridge that is in DuPage County.

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