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Dupage Policy Journal

Friday, April 19, 2024

Villa Park home prices fall in the first half of 2019

Realestate4

The median sale price of a home sold in the first half of 2019 in Villa Park fell by $10,000 while total sales increased by 3%, according to BlockShopper.com.

From January through June of 2019, there were 103 homes sold, with a median sale price of $235,000 - a 4.1% decrease over the $245,000 median sale price for the same period of the previous year. There were 100 homes sold in Villa Park in the first half of 2018.

The median sales tax in Villa Park for the most recent year with available data, 2017, was $5,074, approximately 2.2% of the median home sale price for the first half of 2019.

The following table compares Villa Park 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)
Roselle103111-7.2%$250,000$215,00016.3%
Oakbrook Terrace8714.3%$247,500$200,00023.8%
Lombard28321332.9%$240,000$237,5001.1%
Carol Stream2171999%$238,000$235,0001.3%
West Chicago1007042.9%$235,000$265,000-11.3%
Villa Park1031003%$235,000$245,000-4.1%
Addison1381315.3%$231,000$215,0007.4%
Aurora3323203.8%$220,000$226,500-2.9%
St. Charles990%$219,000$212,5003.1%
Willowbrook59549.3%$215,000$181,25018.6%
Bensenville5456-3.6%$211,250$217,250-2.8%

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