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Kendall County Times

Friday, November 22, 2024

Oswego home prices fall in May 2017

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The median sale price of a home sold in May 2017 in Oswego fell by $7,500 while total sales remained unchanged with 94 homes sold, according to BlockShopper.com.

In May 2017, there were 94 homes sold, with a median sale price of $221,500 - a 3.3% decrease over the $229,000 median sale price for the same period of the previous year. There were 94 homes sold in Oswego in May 2016, as well.

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 3.2%.

The following table compares Oswego to other Kendall County cities with similar median sales prices in May 2017:

CityMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
Plainfield57-28.6%$455,000$368,00023.6%
Sandwich10-$290,000$0-
Aurora1012-16.7%$277,500$225,75022.9%
Newark31200%$270,000$338,500-20.2%
Montgomery2627-3.7%$227,750$219,0004%
Oswego94940%$221,500$229,000-3.3%
Joliet2036-44.4%$215,500$220,000-2%
Yorkville665911.9%$214,500$223,000-3.8%
Millbrook10-$205,000$0-
Bristol21100%$177,500$154,00015.3%
Minooka5366.7%$174,100$196,000-11.2%

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