Pingree Grove home prices rise in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Pingree Grove rose by $25,500 while total sales decreased by 13.6%, according to

From July through September of 2020, there were 51 homes sold, with a median sale price of $248,000 - a 11.5% increase over the $222,500 median sale price for the same period of the previous year. There were 59 homes sold in Pingree Grove in the third quarter of 2019.

The median sales tax in Pingree Grove for the most recent year with available data, 2019, was $6,207, approximately 2.5% of the median home sale price for the third quarter of 2020.

The following table compares Pingree Grove to other Kane County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Big Rock10825%$263,500$288,750-8.7%
Maple Park11922.2%$252,000$239,0005.4%
Pingree Grove5159-13.6%$248,000$222,50011.5%
South Elgin917915.2%$240,000$274,500-12.6%
East Dundee292326.1%$195,000$195,500-0.3%

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