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Will County Gazette

Sunday, November 24, 2024

Homer Glen home prices rise in March 2017

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The median sale price of a home sold in March 2017 in Homer Glen rose by $5,350 while total sales increased by 36.8%, according to BlockShopper.com.

In March 2017, there were 26 homes sold, with a median sale price of $315,350 - a 1.7% increase over the $310,000 median sale price for the same period of the previous year. There were 19 homes sold in Homer Glen in March 2016.

The median sales tax in Homer Glen for 2017 was $7,411.39. In 2016, the median sales tax was $7,221.30. This marks an increase of 2.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.4%.

The following table compares Homer Glen to other Will County cities with similar median sales prices in March 2017:

CityMar. 2017 Home SalesMar. 2016 Home Sales% change (Total Home Sales)Mar. 2017 Median Sales PriceMar. 2016 Median Sales Price% change (Median Sales Price)
Graver Country Estates10-$600,000$0-
Naperville513450%$412,000$375,0009.9%
River Edge Estates10-$392,500$0-
Frankfort433330.3%$328,000$310,0005.8%
Spencer60-$319,158.50$0-
Homer Glen261936.8%$315,350$310,0001.7%
Mokena2629-10.3%$287,500$250,00015%
Manhattan211275%$270,000$205,00031.7%
Shorewood18175.9%$240,500$270,000-10.9%
Minooka16-83.3%$240,000$277,000-13.4%
Plainfield6733103%$239,900$255,000-5.9%

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