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Wednesday, November 13, 2019

Plainfield (Will County) home prices rise in January 2017

Real Estate

By Local Labs News Service | Feb 14, 2017

Re 14

The median sale price of a home sold in January 2017 in Plainfield in Will County rose by $29,100 while total sales increased by 21.1%, according to BlockShopper.com.

In January 2017, there were 69 homes sold, with a median sale price of $249,000 - a 13.2% increase over the $219,900 median sale price for the same period of the previous year. There were 57 homes sold in Plainfield in January 2016.

The median sales tax in Plainfield for 2017 was $6,865.94. In 2016, the median sales tax was $6,759.30. This marks an increase of 1.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.8%.

The following table compares Plainfield to other Will County cities with similar median sales prices in January 2017:

City
Jan. 2017 Home Sales
Jan. 2016 Home Sales
% change (Total Home Sales)
Jan. 2017 Median Sales Price
Jan. 2016 Median Sales Price
% change (Median Sales Price)
Brook Crossings Estates
2
0
-
$342,500
$0
-
Wheatland View
2
0
-
$341,000
$0
-
Graver Country Estates
1
0
-
$313,000
$0
-
Manhattan
11
11
0%
$300,662
$234,900
28%
Homer Glen
42
19
121.1%
$290,000
$253,000
14.6%
Plainfield
69
57
21.1%
$249,000
$219,900
13.2%
Mokena
25
11
127.3%
$232,500
$285,000
-18.4%
Lincoln Estates
1
1
0%
$228,000
$151,500
50.5%
Frankfort Square
11
19
-42.1%
$228,000
$189,000
20.6%
New Lenox
48
29
65.5%
$222,500
$200,000
11.3%
Beecher
5
4
25%
$220,000
$96,500
128%
* This story only considers sales data for the part of Plainfield that is in Will County.

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