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Dupage Policy Journal

Sunday, November 17, 2024

Wheaton home prices rise in the first quarter of 2019

Realestate4

The median sale price of a home sold in the first quarter of 2019 in Wheaton rose by $16,000 while total sales increased by 60.6%, according to BlockShopper.com.

From January through March of 2019, there were 114 homes sold, with a median sale price of $285,000 - a 5.9% increase over the $269,000 median sale price for the same period of the previous year. There were 71 homes sold in Wheaton in the first quarter of 2018.

The median sales tax in Wheaton for the most recent year with available data, 2017, was $7,394, approximately 2.6% of the median home sale price for the first quarter of 2019.

The following table compares Wheaton to other DuPage County cities with similar median sales prices in the first quarter of 2019:

CityJan. - Mar. 2019 Home SalesJan. - Mar. 2018 Home Sales% change (Total Home Sales)Jan. - Mar. 2019 Median Sales PriceJan. - Mar. 2018 Median Sales Price% change (Median Sales Price)
Glen Ellyn734369.8%$333,000$420,500-20.8%
Downers Grove13510133.7%$320,000$313,0002.2%
Bolingbrook440%$318,750$248,50028.3%
Naperville2061899%$309,000$335,000-7.8%
Winfield15887.5%$290,000$260,00011.5%
Wheaton1147160.6%$285,000$269,0005.9%
Lisle35336.1%$284,000$250,00013.6%
Darien633961.5%$277,000$270,0002.6%
Bartlett604242.9%$266,000$261,2501.8%
Itasca1516-6.3%$265,000$267,000-0.7%
Westmont584431.8%$262,250$217,50020.6%

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