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Kendall County Times

Tuesday, November 5, 2024

Oswego home prices rise in the first half of 2017

Realestate077

The median sale price of a home sold in the first half of 2017 in Oswego rose by $15,000 while total sales increased by 4.6%, according to BlockShopper.com.

From January through June of 2017, there were 408 homes sold, with a median sale price of $230,000 - a 7% increase over the $215,000 median sale price for the same period of the previous year. There were 390 homes sold in Oswego in the first half of 2016.

The median sales tax in Oswego for 2017 was $7,074. In 2016, the median sales tax was $6,839. This marks an increase of 3.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.1%.

The following table compares Oswego to other Kendall County cities with similar median sales prices in the first half of 2017:

CityJan. - June 2017 Home SalesJan. - June 2016 Home Sales% change (Total Home Sales)Jan. - June 2017 Median Sales PriceJan. - June 2016 Median Sales Price% change (Median Sales Price)
Plainfield36339.1%$405,000$336,00020.5%
Oswego4083904.6%$230,000$215,0007%
Montgomery13211118.9%$223,000$198,00012.6%
Yorkville29625715.2%$220,750$213,0003.6%
Joliet13311911.8%$216,500$205,0005.6%
Aurora705040%$215,500$230,250-6.4%
Sandwich25-60%$215,000$188,50014.1%
Millbrook31200%$205,000$211,000-2.8%
Minooka2223-4.3%$191,250$196,500-2.7%
Bristol78-12.5%$185,000$170,5008.5%
Newark1618-11.1%$183,750$202,500-9.3%

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