Burlington home prices rise in the third quarter of 2020

Medium realestate4

The median sale price of a home sold in the third quarter of 2020 in Burlington rose by $175,000 while total sales increased by 100%, according to BlockShopper.com.

From July through September of 2020, there were six homes sold, with a median sale price of $345,000 - a 102.9% increase over the $170,000 median sale price for the same period of the previous year. There were three homes sold in Burlington in the third quarter of 2019.

The median sales tax in Burlington for the most recent year with available data, 2019, was $5,938, approximately 1.7% of the median home sale price for the third quarter of 2020.

The following table compares Burlington 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)
Campton Hills795251.9%$460,000$423,0508.7%
Tanner Woods12-50%$408,000$301,25035.4%
Rainbow Hills30-$375,000$0-
Fox River Estates24-50%$362,500$275,00031.8%
West Dundee362356.5%$314,750$235,00033.9%
St. Charles148166-10.8%$308,000$282,5009%
Sugar Grove5266-21.2%$297,750$265,50012.1%

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