In May 2017, there were seven homes sold, with a median sale price of $177,500 - a 4% decrease over the $184,950 median sale price for the same period of the previous year. There were 12 homes sold in Monee in May 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 3.5%.
The following table compares Monee to other Will County cities with similar median sales prices in May 2017:
| City | May 2017 Home Sales | May 2016 Home Sales | % change (Total Home Sales) | May 2017 Median Sales Price | May 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Arbury Hills | 2 | 0 | - | $194,467 | $0 | - |
| Carillon | 3 | 5 | -40% | $194,000 | $132,000 | 47% |
| Lockport | 56 | 51 | 9.8% | $192,000 | $174,500 | 10% |
| Bolingbrook | 90 | 94 | -4.3% | $191,248 | $193,000 | -0.9% |
| Elwood | 2 | 5 | -60% | $180,000 | $138,000 | 30.4% |
| Monee | 7 | 12 | -41.7% | $177,500 | $184,950 | -4% |
| Aurora | 22 | 22 | 0% | $174,250 | $164,000 | 6.3% |
| Wilmington | 9 | 4 | 125% | $174,000 | $137,500 | 26.5% |
| Beecher | 8 | 1 | 700% | $173,750 | $237,000 | -26.7% |
| Crystal Lawns | 5 | 2 | 150% | $171,000 | $124,950 | 36.9% |
| Crest Hill | 36 | 29 | 24.1% | $165,975 | $145,000 | 14.5% |
Alerts Sign-up