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Will County Gazette

Thursday, April 25, 2024

Minooka (Will County) home prices rise in February 2017

Realestate2

The median sale price of a home sold in February 2017 in Minooka in Will County rose by $121,450 while total sales decreased by 50%, according to BlockShopper.com.

In February 2017, there were two homes sold, with a median sale price of $256,950 - a 89.6% increase over the $135,500 median sale price for the same period of the previous year. There were four homes sold in Minooka in February 2016.

The median sales tax in Minooka for 2017 was $6,563.52. In 2016, the median sales tax was $6,390.70. This marks an increase of 2.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.6%.

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

CityFeb. 2017 Home SalesFeb. 2016 Home Sales% change (Total Home Sales)Feb. 2017 Median Sales PriceFeb. 2016 Median Sales Price% change (Median Sales Price)
Spencer20-$332,802.50$0-
Wheatland View12-50%$330,000$250,00032%
New Lenox2933-12.1%$299,590$224,00033.7%
Homer Glen1517-11.8%$262,000$245,1316.9%
Plainfield4349-12.2%$260,000$230,00013%
Minooka24-50%$256,950$135,50089.6%
Tinley Park3250%$242,500$293,500-17.4%
Wilton20-$220,000$0-
Mokena171330.8%$214,000$185,00015.7%
Channahon770%$210,000$117,50078.7%
Lockport2533-24.2%$199,900$168,00019%
* This story only considers sales data for the part of Minooka that is in Will County.

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