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Dupage Policy Journal

Thursday, April 25, 2024

Westmont home prices rise in the second quarter of 2019

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The median sale price of a home sold in the second quarter of 2019 in Westmont rose by $20,000 while total sales increased by 18.2%, according to BlockShopper.com.

From April through June of 2019, there were 91 homes sold, with a median sale price of $300,000 - a 7.1% increase over the $280,000 median sale price for the same period of the previous year. There were 77 homes sold in Westmont in the second quarter of 2018.

The median sales tax in Westmont for the most recent year with available data, 2017, was $4,916, approximately 1.6% of the median home sale price for the second quarter of 2019.

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

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Downers Grove213215-0.9%$326,000$340,000-4.1%
Winfield2630-13.3%$322,500$336,000-4%
Itasca292045%$320,000$265,00020.8%
Bolingbrook5366.7%$315,000$280,00012.5%
Lisle88827.3%$308,500$333,825-7.6%
Westmont917718.2%$300,000$280,0007.1%
Bartlett91112-18.8%$282,000$277,5001.6%
Bloomingdale938114.8%$275,000$261,0005.4%
Darien927129.6%$272,500$267,0002.1%
Oakbrook Terrace770%$270,000$200,00035%
Woodridge92893.4%$266,000$267,500-0.6%

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