Quantcast

Will County Gazette

Thursday, November 28, 2024

Mokena home prices rise in August 2017

Re 8

The median sale price of a home sold in August 2017 in Mokena rose by $16,000 while total sales decreased by 3%, according to BlockShopper.com.

In August 2017, there were 32 homes sold, with a median sale price of $314,500 - a 5.4% increase over the $298,500 median sale price for the same period of the previous year. There were 33 homes sold in Mokena in August 2016.

The median sales tax in Mokena for 2017 was $7,395.88. In 2016, the median sales tax was $7,113.20. This marks an increase of 4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.4%.

The following table compares Mokena 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)
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%
Manhattan2829-3.4%$258,950$180,00043.9%
Plainfield8295-13.7%$245,000$285,000-14%

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