August 2021: Home prices in Gilberts increased

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The median sale price of a home sold in August 2021 in Gilberts rose by $35,650 while total sales decreased by 55%, according to

In August 2021, there were nine homes sold, with a median sale price of $249,900 - a 16.6% increase over the $214,250 median sale price for the same period of the previous year. There were 20 homes sold in Gilberts in August 2020.

The median sales tax in Gilberts for the most recent year with available data, 2019, was $6,983, approximately 2.8% of the median home sale price for August 2021.

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

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Maple Park25-60%$291,000$245,00018.8%
North Aurora3717117.6%$284,500$274,9003.5%
Pingree Grove2613100%$277,000$248,00011.7%
East Dundee10825%$226,111$223,5001.2%

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