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Kendall County Times

Sunday, November 24, 2024

Newark home prices rise in December 2018

Re 12

The median sale price of a home sold in December 2018 in Newark rose by $21,750 while total sales increased by 33.3%, according to BlockShopper.com.

In December 2018, there were four homes sold, with a median sale price of $177,750 - a 13.9% increase over the $156,000 median sale price for the same period of the previous year. There were three homes sold in Newark in December 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 December 2018.

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

CityDec. 2018 Home SalesDec. 2017 Home Sales% change (Total Home Sales)Dec. 2018 Median Sales PriceDec. 2017 Median Sales Price% change (Median Sales Price)
Plainfield24-50%$332,000$272,25021.9%
Millbrook20-$302,000$0-
Oswego3269-53.6%$291,750$236,00023.6%
Montgomery1225-52%$239,000$226,0005.8%
Yorkville3233-3%$220,000$235,000-6.4%
Minooka21100%$192,750$167,50015.1%
Joliet1314-7.1%$186,000$216,000-13.9%
Newark4333.3%$177,750$156,00013.9%
Aurora312-75%$175,000$201,000-12.9%
Boulder Hill1317-23.5%$163,000$166,000-1.8%
Plano2127-22.2%$162,500$160,0001.6%

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