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Will County Gazette

Wednesday, April 17, 2024

Bolingbrook (Will County) home prices fall in February 2017

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The median sale price of a home sold in February 2017 in Bolingbrook in Will County fell by $11,500 while total sales increased by 1.5%, according to BlockShopper.com.

In February 2017, there were 66 homes sold, with a median sale price of $194,500 - a 5.6% decrease over the $206,000 median sale price for the same period of the previous year. There were 65 homes sold in Bolingbrook in February 2016.

The median sales tax in Bolingbrook for 2017 was $5,955.30. In 2016, the median sales tax was $5,777.50. This marks an increase of 3.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.1%.

The following table compares Bolingbrook 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)
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%
Bolingbrook66651.5%$194,500$206,000-5.6%
Wilmington23-33.3%$190,000$55,000245.5%
Willowbrook92350%$189,000$114,539.0165%
Carillon220%$187,500$165,00013.6%
Shorewood1014-28.6%$184,000$172,7506.5%
Aurora13130%$180,000$160,00012.5%
* This story only considers sales data for the part of Bolingbrook that is in Will County.

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