The first quarter of 2021: Pingree Grove experienced a 10.8% drop in median home prices

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The median sale price of a home sold in the first quarter of 2021 in Pingree Grove fell by $23,682 while total sales increased by 20.6%, according to BlockShopper.com.

From January through March of 2021, there were 41 homes sold, with a median sale price of $195,000 - a 10.8% decrease over the $218,682 median sale price for the same period of the previous year. There were 34 homes sold in Pingree Grove in the first quarter of 2020.

The median sales tax in Pingree Grove for the most recent year with available data, 2019, was $6,207, approximately 3.2% of the median home sale price for the first quarter of 2021.

The following table compares Pingree Grove to other Kane County cities with similar median sale prices in the first quarter of 2021:

CityJan. - Mar. 2021 Home SalesJan. - Mar. 2020 Home Sales% change (Total Home Sales)Jan. - Mar. 2021 Median Sales PriceJan. - Mar. 2020 Median Sales Price% change (Median Sales Price)
Algonquin382090%$231,750$252,200-8.1%
Marywood110%$225,000$230,500-2.4%
Scraper-Moecherville10-$225,000$0-
Kaneville51400%$215,000$184,50016.5%
East Dundee201353.8%$210,000$147,50042.4%
Elgin39424858.9%$207,700$189,8009.4%
Montgomery352825%$204,900$173,75017.9%
Pingree Grove413420.6%$195,000$218,682-10.8%
Aurora40725957.1%$185,000$164,90012.2%
Burlington5366.7%$181,000$116,00056%
Carpentersville1458570.6%$180,000$167,9007.2%

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