Wheaton home prices rise in the third quarter of 2019

Wheaton home prices rise in the third quarter of 2019
By Metric Media News Service

The median sale price of a home sold in the third quarter of 2019 in Wheaton rose by $42,000 while total sales increased by 33.5%, according to BlockShopper.com.

From July through September of 2019, there were 267 homes sold, with a median sale price of $375,000 - a 12.6% increase over the $333,000 median sale price for the same period of the previous year. There were 200 homes sold in Wheaton in the third quarter of 2018.

The median sales tax in Wheaton for the most recent year with available data, 2018, was $7,567, approximately 2% of the median home sale price for the third quarter of 2019.

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

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Clarendon Hills664837.5%$580,000$357,00062.5%
Burr Ridge352729.6%$555,000$735,000-24.5%
Elmhurst25019031.6%$398,750$415,000-3.9%
Medinah12850%$389,500$350,50011.1%
Glen Ellyn14710047%$380,000$383,750-1%
Wheaton26720033.5%$375,000$333,00012.6%
Naperville49738728.4%$360,000$352,5002.1%
Downers Grove24020616.5%$353,250$317,25011.3%
Wayne880%$347,000$493,500-29.7%
Winfield4822118.2%$347,000$274,50026.4%
Glenbard South2030-33.3%$320,000$363,500-12%


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