Quantcast

Kendall County Times

Tuesday, November 26, 2024

Newark home prices rise in June 2019

Re 3

The median sale price of a home sold in June 2019 in Newark rose by $44,000 while total sales decreased by 25%, according to BlockShopper.com.

In June 2019, there were three homes sold, with a median sale price of $201,000 - a 28% increase over the $157,000 median sale price for the same period of the previous year. There were four homes sold in Newark in June 2018.

The median sales tax in Newark for the most recent year with available data, 2018, was $5,367, approximately 2.7% of the median home sale price for June 2019.

The following table compares Newark to other Kendall County cities with similar median sales prices in June 2019:

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Joliet1532-53.1%$262,500$245,7506.8%
Oswego91120-24.2%$250,000$273,500-8.6%
Yorkville61585.2%$246,500$232,2506.1%
Minooka330%$215,000$154,00039.6%
Bristol4333.3%$208,500$205,0001.7%
Montgomery36352.9%$205,000$241,500-15.1%
Newark34-25%$201,000$157,00028%
Plano231553.3%$197,500$190,5003.7%
Aurora515-66.7%$188,000$275,000-31.6%
Boulder Hill1318-27.8%$172,000$178,250-3.5%
Sandwich110%$144,000$193,000-25.4%

MORE NEWS