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Kendall County Times

Saturday, November 23, 2024

Newark home prices rise in April 2017

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The median sale price of a home sold in April 2017 in Newark rose by $71,525 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In April 2017, there were two homes sold, with a median sale price of $170,000 - a 72.6% increase over the $98,475 median sale price for the same period of the previous year. There were two homes sold in Newark in April 2016, as well.

The median sales tax in Newark for 2017 was $5,305. In 2016, the median sales tax was $5,250. This marks an increase of 1%. 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 Newark to other Kendall County cities in April 2017:

CityApr. 2017 Home SalesApr. 2016 Home Sales% change (Total Home Sales)Apr. 2017 Median Sales PriceApr. 2016 Median Sales Price% change (Median Sales Price)
Plainfield57-28.6%$320,000$300,0006.7%
Montgomery231643.8%$230,000$206,50011.4%
Oswego706311.1%$225,500$213,0005.9%
Joliet26248.3%$224,000$210,0006.7%
Yorkville493063.3%$219,000$186,50017.4%
Aurora880%$198,250$233,500-15.1%
Boulder Hill1315-13.3%$182,000$135,00034.8%
Newark220%$170,000$98,47572.6%
Minooka3250%$152,000$186,000-18.3%
Plano191711.8%$151,000$141,5006.7%
Sandwich00-$0$0-
Millbrook00-$0$0-
Lisbon00-$0$0-
Bristol01-100%$0$128,000-100%

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