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Kendall County Times

Sunday, November 24, 2024

Plano home prices rise in the second half of 2017

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The median sale price of a home sold in the second half of 2017 in Plano rose by $4,250 while total sales increased by 41.2%, according to BlockShopper.com.

From July through December of 2017, there were 168 homes sold, with a median sale price of $147,250 - a 3% increase over the $143,000 median sale price for the same period of the previous year. There were 119 homes sold in Plano in the second half of 2016.

The median sales tax in Plano for 2017 was $4,817. In 2016, the median sales tax was $4,581. This marks an increase of 5.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.3%.

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

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Oswego455457-0.4%$232,000$220,0005.5%
Yorkville2832791.4%$227,000$219,0003.7%
Joliet127138-8%$225,000$212,0006.1%
Aurora64623.2%$225,000$227,500-1.1%
Minooka1731-45.2%$210,500$200,0005.3%
Montgomery1571541.9%$209,500$216,500-3.2%
Bristol11757.1%$190,000$283,000-32.9%
Lisbon3250%$170,000$95,160.5078.6%
Newark1920-5%$165,000$201,000-17.9%
Boulder Hill105978.2%$163,500$154,0006.2%
Plano16811941.2%$147,250$143,0003%

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