How did home prices perform in Sugar Grove during the third quarter of 2021?

Medium realestate077

The median sale price of a home sold in the third quarter of 2021 in Sugar Grove rose by $61,250 while total sales increased by 51.9%, according to BlockShopper.com.

From July through September of 2021, there were 79 homes sold, with a median sale price of $359,000 - a 20.6% increase over the $297,750 median sale price for the same period of the previous year. There were 52 homes sold in Sugar Grove in the third quarter of 2020.

The median sales tax in Sugar Grove for the most recent year with available data, 2019, was $8,202, approximately 2.3% of the median home sale price for the third quarter of 2021.

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

CityJuly - Sept. 2021 Home SalesJuly - Sept. 2020 Home Sales% change (Total Home Sales)July - Sept. 2021 Median Sales PriceJuly - Sept. 2020 Median Sales Price% change (Median Sales Price)
Geneva1821688.3%$383,250$344,00011.4%
Bowes330%$373,000$292,50027.5%
Batavia1521482.7%$371,000$325,00014.2%
Sleepy Hollow3015100%$367,950$288,00027.8%
Rainbow Hills73133.3%$365,000$375,000-2.7%
Sugar Grove795251.9%$359,000$297,75020.6%
West Dundee443622.2%$350,100$314,75011.2%
Algonquin675131.4%$350,000$295,00018.6%
St. Charles22814854.1%$349,750$308,00013.6%
Prestbury1416-12.5%$349,250$290,45020.2%
Elburn4043-7%$327,000$290,00012.8%

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