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Will County Gazette

Thursday, November 28, 2024

Tinley Park (Will County) home prices rise in August 2017

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The median sale price of a home sold in August 2017 in Tinley Park in Will County rose by $6,500 while total sales decreased by 33.3%, according to BlockShopper.com.

In August 2017, there were eight homes sold, with a median sale price of $331,500 - a 2% increase over the $325,000 median sale price for the same period of the previous year. There were 12 homes sold in Tinley Park in August 2016.

The median sales tax in Tinley Park for 2017 was $10,155. In 2016, the median sales tax was $10,066.30. This marks an increase of 0.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.1%.

The following table compares Tinley Park to other Will County cities with similar median sales prices in August 2017:

CityAug. 2017 Home SalesAug. 2016 Home Sales% change (Total Home Sales)Aug. 2017 Median Sales PriceAug. 2016 Median Sales Price% change (Median Sales Price)
River Edge Estates10-$512,000$0-
Brook Crossings Estates10-$470,000$0-
Naperville80113-29.2%$448,250$450,000-0.4%
Graver Country Estates10-$425,000$0-
Frankfort4960-18.3%$344,000$333,0003.3%
Tinley Park812-33.3%$331,500$325,0002%
Wheatland View10-$330,000$0-
Mokena3233-3%$314,500$298,5005.4%
Homer Glen3450-32%$290,750$335,000-13.2%
New Lenox5561-9.8%$271,000$250,0008.4%
Forest Manor12-50%$265,000$162,00063.6%
* This story only considers sales data for the part of Tinley Park that is in Will County.

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