The median sale price of a home sold in January 2020 in Gilberts rose by $36,500 while total sales increased by 60%, according to BlockShopper.com.
In January 2020, there were eight homes sold, with a median sale price of $211,500 - a 20.9% increase over the $175,000 median sale price for the same period of the previous year. There were five homes sold in Gilberts in January 2019.
The median sales tax in Gilberts for the most recent year with available data, 2018, was $6,025, approximately 2.8% of the median home sale price for January 2020.
The following table compares Gilberts to other Kane County cities with similar median sales prices in January 2020:
| City | Jan. 2020 Home Sales | Jan. 2019 Home Sales | % change (Total Home Sales) | Jan. 2020 Median Sales Price | Jan. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Elburn | 9 | 4 | 125% | $265,000 | $237,625 | 11.5% |
| Huntley | 10 | 6 | 66.7% | $244,500 | $225,000 | 8.7% |
| Sugar Grove | 13 | 7 | 85.7% | $233,000 | $280,000 | -16.8% |
| South Elgin | 14 | 12 | 16.7% | $227,500 | $242,750 | -6.3% |
| North Aurora | 21 | 16 | 31.3% | $225,000 | $262,950 | -14.4% |
| Gilberts | 8 | 5 | 60% | $211,500 | $175,000 | 20.9% |
| Pingree Grove | 13 | 6 | 116.7% | $196,500 | $211,350.50 | -7% |
| Elgin | 100 | 69 | 44.9% | $185,000 | $210,000 | -11.9% |
| East Dundee | 1 | 2 | -50% | $180,000 | $176,250 | 2.1% |
| Fox River Estates | 1 | 1 | 0% | $175,000 | $22,500 | 677.8% |
| Carpentersville | 33 | 32 | 3.1% | $175,000 | $170,000 | 2.9% |
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