Elburn home prices rise in June 2020

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The median sale price of a home sold in June 2020 in Elburn rose by $68,950 while total sales decreased by 27.3%, according to BlockShopper.com.

In June 2020, there were eight homes sold, with a median sale price of $353,950 - a 24.2% increase over the $285,000 median sale price for the same period of the previous year. There were 11 homes sold in Elburn in June 2019.

The median sales tax in Elburn for the most recent year with available data, 2018, was $7,654, approximately 2.2% of the median home sale price for June 2020.

The following table compares Elburn to other Kane County cities with similar median sales prices in June 2020:

CityJune 2020 Home SalesJune 2019 Home Sales% change (Total Home Sales)June 2020 Median Sales PriceJune 2019 Median Sales Price% change (Median Sales Price)
Lily Lake110%$415,000$608,000-31.7%
Campton Hills1934-44.1%$388,000$464,000-16.4%
Tanner Woods110%$375,000$330,00013.6%
St. Charles3852-26.9%$311,000$296,0005.1%
West Dundee723-69.6%$309,900$275,00012.7%

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