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Kendall County Times

Monday, November 25, 2024

Newark home prices rise in February 2018

Re 4

The median sale price of a home sold in February 2018 in Newark rose by $63,000 while total sales decreased by 33.3%, according to BlockShopper.com.

In February 2018, there were two homes sold, with a median sale price of $205,000 - a 44.4% increase over the $142,000 median sale price for the same period of the previous year. There were three homes sold in Newark in February 2017.

The median sales tax in Newark for the most recent year with available data, 2017, was $5,305, approximately 2.6% of the median home sale price for February 2018.

The following table compares Newark to other Kendall County cities in February 2018:

CityFeb. 2018 Home SalesFeb. 2017 Home Sales% change (Total Home Sales)Feb. 2018 Median Sales PriceFeb. 2017 Median Sales Price% change (Median Sales Price)
Plainfield5366.7%$337,000$405,000-16.8%
Millbrook20-$303,500$0-
Joliet810-20%$235,000$168,294.5039.6%
Oswego3740-7.5%$219,000$237,500-7.8%
Newark23-33.3%$205,000$142,00044.4%
Aurora37-57.1%$195,000$245,000-20.4%
Montgomery111010%$175,000$181,000-3.3%
Boulder Hill10100%$167,750$153,5009.3%
Plano11922.2%$160,000$118,00035.6%
Yorkville1839-53.8%$150,750$194,900-22.7%
Lisbon10-$96,000$0-
Sandwich00-$0$0-
Bristol01-100%$0$105,000-100%
Minooka00-$0$0-

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