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Kendall County Times

Sunday, November 24, 2024

Newark home prices rise in 2018

Realestate3

The median sale price of a home sold in 2018 in Newark rose by $6,500 while total sales decreased by 5.7%, according to BlockShopper.com.

From January through December of 2018, there were 33 homes sold, with a median sale price of $179,000 - a 3.8% increase over the $172,500 median sale price for the previous year. There were 35 homes sold in Newark in 2017.

The median sales tax in Newark for the most recent year with available data, 2017, was $5,305, approximately 3% of the median home sale price for 2018.

The following table compares Newark to other Kendall County cities with similar median sales prices in 2018:

CityJan. - Dec. 2018 Home SalesJan. - Dec. 2017 Home Sales% change (Total Home Sales)Jan. - Dec. 2018 Median Sales PriceJan. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Aurora109134-18.7%$246,000$215,50014.2%
Joliet229260-11.9%$240,000$220,0009.1%
Oswego771863-10.7%$240,000$230,0004.3%
Minooka3139-20.5%$235,000$208,50012.7%
Yorkville458579-20.9%$230,500$225,0002.4%
Montgomery256289-11.4%$227,500$215,0005.8%
Sandwich52150%$188,000$215,000-12.6%
Newark3335-5.7%$179,000$172,5003.8%
Boulder Hill193196-1.5%$174,000$160,0008.8%
Lisbon6450%$166,500$135,00023.3%
Plano268297-9.8%$156,250$150,0004.2%

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