Dupage Policy Journal

Dupage Policy Journal

Monday, October 21, 2019

Villa Park home prices fall in the first half of 2019

Real Estate

By Local Labs News Service | Jul 7, 2019


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:

City
Jan. - June 2019 Home Sales
Jan. - June 2018 Home Sales
% change (Total Home Sales)
Jan. - June 2019 Median Sales Price
Jan. - June 2018 Median Sales Price
% change (Median Sales Price)
Roselle
103
111
-7.2%
$250,000
$215,000
16.3%
Oakbrook Terrace
8
7
14.3%
$247,500
$200,000
23.8%
Lombard
283
213
32.9%
$240,000
$237,500
1.1%
Carol Stream
217
199
9%
$238,000
$235,000
1.3%
West Chicago
100
70
42.9%
$235,000
$265,000
-11.3%
Villa Park
103
100
3%
$235,000
$245,000
-4.1%
Addison
138
131
5.3%
$231,000
$215,000
7.4%
Aurora
332
320
3.8%
$220,000
$226,500
-2.9%
St. Charles
9
9
0%
$219,000
$212,500
3.1%
Willowbrook
59
54
9.3%
$215,000
$181,250
18.6%
Bensenville
54
56
-3.6%
$211,250
$217,250
-2.8%

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