Quantcast

Will County Gazette

Monday, November 25, 2024

New Lenox home prices fall in March 2017

Re 4

The median sale price of a home sold in March 2017 in New Lenox fell by $11,521.50 while total sales increased by 19%, according to BlockShopper.com.

In March 2017, there were 50 homes sold, with a median sale price of $234,000 - a 4.7% decrease over the $245,521.50 median sale price for the same period of the previous year. There were 42 homes sold in New Lenox in March 2016.

The median sales tax in New Lenox for 2017 was $6,632.13. In 2016, the median sales tax was $6,399.90. This marks an increase of 3.6%. 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 New Lenox 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)
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%
New Lenox504219%$234,000$245,521.50-4.7%
Frankfort Square12119.1%$226,250$185,00022.3%
Channahon136116.7%$225,000$141,25059.3%
Tinley Park770%$188,000$291,500-35.5%
Beecher41300%$186,250$75,000148.3%
Crystal Lawns60-$185,000$0-

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS