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Will County Gazette

Friday, June 6, 2025

Minooka (Will County) home prices fall in May 2017

Realestate4

The median sale price of a home sold in May 2017 in Minooka in Will County fell by $34,000 while total sales increased by 250%, according to BlockShopper.com.

In May 2017, there were seven homes sold, with a median sale price of $250,000 - a 12% decrease over the $284,000 median sale price for the same period of the previous year. There were two homes sold in Minooka in May 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 May 2017:

CityMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
New Lenox524030%$270,675$259,4504.3%
Wheatland View110%$265,000$377,000-29.7%
Plainfield836625.8%$262,340$249,4505.2%
Forest Manor10-$259,900$0-
Shorewood342630.8%$257,000$238,2507.9%
Minooka72250%$250,000$284,000-12%
Willowbrook7475%$230,000$162,50041.5%
Frankfort Square17988.9%$227,000$210,0008.1%
Channahon171070%$224,500$240,500-6.7%
Graver Country Estates20-$223,500$0-
Cherry Hill23-33.3%$210,000$230,500-8.9%
* This story only considers sales data for the part of Minooka that is in Will County.

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