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Will County Gazette

Friday, November 29, 2024

Steger (Will County) home prices rise in August 2017

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The median sale price of a home sold in August 2017 in Steger in Will County rose by $94,750 while total sales decreased by 25%, according to BlockShopper.com.

In August 2017, there were six homes sold, with a median sale price of $146,250 - a 184% increase over the $51,500 median sale price for the same period of the previous year. There were eight homes sold in Steger in August 2016.

The median sales tax in Steger for 2017 was $2,948.76. In 2016, the median sales tax was $3,107.10. This marks an decrease of 5.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2%.

The following table compares Steger 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)
Wolf Creek Island30-$157,000$0-
Crete1131-64.5%$157,000$155,1501.2%
Fairmont13-66.7%$149,900$109,00037.5%
Preston Heights21100%$149,500$79,90087.1%
Carillon45-20%$148,000$139,0006.5%
Steger68-25%$146,250$51,500184%
Lily Cache21100%$144,000$168,500-14.5%
Spencer10-$142,000$0-
Braidwood201442.9%$120,500$115,5004.3%
Coynes10-$103,000$0-
Park Forest52150%$97,000$82,03218.2%
* This story only considers sales data for the part of Steger that is in Will County.

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