Lombard 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 Lombard rose by $12,750 while total sales decreased by 5.1%, according to BlockShopper.com.

From July through September of 2020, there were 188 homes sold, with a median sale price of $262,750 - a 5.1% increase over the $250,000 median sale price for the same period of the previous year. There were 198 homes sold in Lombard in the third quarter of 2019.

The median sales tax in Lombard for the most recent year with available data, 2019, was $6,041, approximately 2.3% of the median home sale price for the third quarter of 2020.

The following table compares Lombard to other DuPage 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)
West Chicago907028.6%$287,750$256,00012.4%
Villa Park8187-6.9%$275,000$260,0005.8%
Wood Dale5068-26.5%$260,000$238,5009%
St. Charles6450%$255,500$217,00017.7%
Carol Stream159168-5.4%$255,000$250,0002%

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