Home prices increased in Gilberts during May 2021

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The median sale price of a home sold in May 2021 in Gilberts rose by $156,100 while total sales increased by 700%, according to BlockShopper.com.

In May 2021, there were 24 homes sold, with a median sale price of $340,000 - a 84.9% increase over the $183,900 median sale price for the same period of the previous year. There were three homes sold in Gilberts in May 2020.

The median sales tax in Gilberts for the most recent year with available data, 2019, was $6,983, approximately 2.1% of the median home sale price for May 2021.

The following table compares Gilberts to other Kane County cities with similar median sale prices in May 2021:

CityMay 2021 Home SalesMay 2020 Home Sales% change (Total Home Sales)May 2021 Median Sales PriceMay 2020 Median Sales Price% change (Median Sales Price)
West Dundee880%$387,500$287,50034.8%
Rainbow Hills10-$365,000$0-
Williamsburg Green110%$350,000$350,0000%
Sugar Grove209122.2%$332,500$290,00014.7%
Tanner Woods10-$326,781$0-
St. Charles523740.5%$320,500$305,0005.1%
Big Rock42100%$319,950$245,75030.2%

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