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Will County Gazette

Thursday, November 28, 2024

Minooka (Will County) home prices fall in August 2017

Realestate5

The median sale price of a home sold in August 2017 in Minooka in Will County fell by $137,500 while total sales increased by 50%, according to BlockShopper.com.

In August 2017, there were three homes sold, with a median sale price of $167,500 - a 45.1% decrease over the $305,000 median sale price for the same period of the previous year. There were two homes sold in Minooka in August 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 3.9%.

The following table compares Minooka 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)
Lincoln Estates21100%$183,500$249,900-26.6%
Monee413-69.2%$173,500$165,0005.2%
Lakewood Shores3250%$172,000$160,0007.5%
Joliet163273-40.3%$170,000$140,00021.4%
Crest Hill2235-37.1%$167,750$149,90011.9%
Minooka3250%$167,500$305,000-45.1%
Peotone912-25%$167,000$146,25014.2%
Crystal Lawns550%$166,000$145,01314.5%
Elwood36-50%$164,000$155,488.505.5%
Boula110%$163,000$148,5009.8%
Wilmington57-28.6%$158,900$155,0002.5%
* This story only considers sales data for the part of Minooka that is in Will County.

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