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Will County Gazette

Wednesday, April 24, 2024

Monee home prices rise in April 2017

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The median sale price of a home sold in April 2017 in Monee rose by $40,900 while total sales decreased by 61.5%, according to BlockShopper.com.

In April 2017, there were five homes sold, with a median sale price of $145,900 - a 39% increase over the $105,000 median sale price for the same period of the previous year. There were 13 homes sold in Monee in April 2016.

The median sales tax in Monee for 2017 was $6,206.34. In 2016, the median sales tax was $5,849.30. This marks an increase of 6.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 4.3%.

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

CityApr. 2017 Home SalesApr. 2016 Home Sales% change (Total Home Sales)Apr. 2017 Median Sales PriceApr. 2016 Median Sales Price% change (Median Sales Price)
Crest Hill2914107.1%$168,000$153,0009.8%
Wellington Heights21100%$165,500$146,00013.4%
Crystal Lawns440%$155,000$134,95014.9%
Beecher73133.3%$154,000$200,000-23%
Joliet1521464.1%$149,600$142,0005.4%
Monee513-61.5%$145,900$105,00039%
Fairmont12-50%$140,000$52,500166.7%
Crete171513.3%$136,000$125,0008.8%
Braidwood660%$135,550$133,5001.5%
Wilmington47-42.9%$112,495$77,00046.1%
Lakewood Shores220%$95,134.50$79,50019.7%

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