The fourth quarter of 2021: Westmont experienced a 3.5% drop in median home prices
The median sale price of a home sold in the fourth quarter of 2021 in Westmont fell by $9,500 while total sales decreased by 5.5%, according to BlockShopper.com.
From October through December of 2021, there were 103 homes sold, with a median sale price of $265,500 - a 3.5% decrease over the $275,000 median sale price for the same period of the previous year. There were 109 homes sold in Westmont in the fourth quarter of 2020.
The median sales tax in Westmont for the most recent year with available data, 2019, was $5,339, approximately 2% of the median home sale price for the fourth quarter of 2021.
The following table compares Westmont to other DuPage County cities with similar median sale prices in the fourth quarter of 2021:
| City | Oct. - Dec. 2021 Home Sales | Oct. - Dec. 2020 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2021 Median Sales Price | Oct. - Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Addison | 144 | 134 | 7.5% | $290,000 | $255,500 | 13.5% |
| Woodridge | 125 | 131 | -4.6% | $284,000 | $275,000 | 3.3% |
| Lombard | 198 | 197 | 0.5% | $274,250 | $260,000 | 5.5% |
| Villa Park | 78 | 78 | 0% | $272,000 | $265,000 | 2.6% |
| Wood Dale | 80 | 59 | 35.6% | $266,000 | $250,000 | 6.4% |
| Westmont | 103 | 109 | -5.5% | $265,500 | $275,000 | -3.5% |
| Aurora | 293 | 244 | 20.1% | $260,500 | $257,500 | 1.2% |
| Carol Stream | 136 | 145 | -6.2% | $260,000 | $251,000 | 3.6% |
| St. Charles | 5 | 4 | 25% | $260,000 | $231,500 | 12.3% |
| Roselle | 84 | 119 | -29.4% | $256,000 | $247,000 | 3.6% |
| West Chicago | 71 | 71 | 0% | $249,000 | $275,000 | -9.5% |