Kane County Home Prices & Values

$193,200 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 13.0% 1-year change
  • 3.5% 1-year forecast

The median home value in Kane County is $193,200. Kane County home values have gone up 13.0% over the past year and Zillow predicts they will rise 3.5% within the next year. The median list price per square foot in Kane County is $114, which is lower than the Chicago Metro average of $135. The median price of homes currently listed in Kane County is $239,900 while the median price of homes that sold is $226,350. The median rent price in Kane County is $1,450, which is lower than the Chicago Metro median of $1,550.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Kane County is 7.9%, which is higher than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Kane County homeowners underwater on their mortgage is 28.7%, which is higher than Chicago Metro at 27.1%.

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Relative ZHVI
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Kane County Market Overview

Data through Aug 31, 2014
  • $193,200 ZHVI
  • 3.5% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Aug 31, 2015)
  • $239,900 Median listing price
  • $226,350 Median sale price
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Kane County Market Health

Data through Aug 31, 2014
  • 1.7/10 Less healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No recent data Average days on Zillow
  • 28.7% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 7.9% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Cities in Kane County

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Campton Hills $420,100 Geneva $310,600 Batavia $266,700
Sugar Grove $249,000 Gilberts $235,400 Elburn $231,100
North Aurora $196,900 Pingree Grove $193,800 South Elgin $181,400

Listings & Sales

Data through Aug 31, 2014
  • $114 Median list price / sq ft
  • $113 Median sale price / sq ft
  • 43.9% Listings with price cut
47.0%
Sold below listing
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Kane County Rentals

Data through Aug 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,693 Kane County
$1,645 Chicago Metro
$1,328 United States
  • 1.7 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2014)
  • $1,450 Rent list price
  • $1.05 Rent list price / sq ft
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