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Will County Gazette

Saturday, April 20, 2024

Steger (Will County) home prices rise in November 2017

Realestate3

The median sale price of a home sold in November 2017 in Steger in Will County rose by $62,500 while total sales increased by 266.7%, according to BlockShopper.com.

In November 2017, there were 11 homes sold, with a median sale price of $92,500 - a 208.3% increase over the $30,000 median sale price for the same period of the previous year. There were three homes sold in Steger in November 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 3.2%.

The following table compares Steger to other Will County cities with similar median sales prices in November 2017:

CityNov. 2017 Home SalesNov. 2016 Home Sales% change (Total Home Sales)Nov. 2017 Median Sales PriceNov. 2016 Median Sales Price% change (Median Sales Price)
Wellington Heights10-$166,500$0-
Crete1520-25%$160,000$175,450-8.8%
Wilmington68-25%$154,250$157,925-2.3%
Crest Hill2024-16.7%$150,000$152,450-1.6%
Ingalls Park312-75%$117,500$71,25064.9%
Steger113266.7%$92,500$30,000208.3%
Preston Heights24-50%$85,000$91,550-7.2%
Braidwood9728.6%$77,547$127,000-38.9%
Rockdale220%$72,000$93,250-22.8%
University Park412-66.7%$71,250$129,948.50-45.2%
Elwood13-66.7%$65,000$204,900-68.3%
* This story only considers sales data for the part of Steger that is in Will County.

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