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Dupage Policy Journal

Wednesday, April 24, 2024

Wheaton home prices fall in the first half of 2019

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The median sale price of a home sold in the first half of 2019 in Wheaton fell by $9,250 while total sales decreased by 3.6%, according to BlockShopper.com.

From January through June of 2019, there were 296 homes sold, with a median sale price of $318,750 - a 2.8% decrease over the $328,000 median sale price for the same period of the previous year. There were 307 homes sold in Wheaton in the first half of 2018.

The median sales tax in Wheaton for the most recent year with available data, 2017, was $7,394, approximately 2.3% of the median home sale price for the first half of 2019.

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

CityJan. - June 2019 Home SalesJan. - June 2018 Home Sales% change (Total Home Sales)Jan. - June 2019 Median Sales PriceJan. - June 2018 Median Sales Price% change (Median Sales Price)
Glen Ellyn19716519.4%$361,000$395,000-8.6%
Naperville536622-13.8%$344,643$350,250-1.6%
Medinah9728.6%$337,000$278,00021.2%
Glenbard South242020%$329,500$329,5000%
Downers Grove34831610.1%$324,250$331,000-2%
Wheaton296307-3.6%$318,750$328,000-2.8%
Bolingbrook9728.6%$315,000$261,00020.7%
Winfield41387.9%$312,000$307,5001.5%
Itasca443622.2%$305,000$265,00015.1%
Lisle1231157%$300,500$308,000-2.4%
Westmont14912123.1%$286,000$270,0005.9%

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