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Will County Gazette

Monday, November 25, 2024

Mokena home prices fall in January 2018

Realestate2

The median sale price of a home sold in January 2018 in Mokena fell by $30,000 while total sales decreased by 40%, according to BlockShopper.com.

In January 2018, there were 15 homes sold, with a median sale price of $202,500 - a 12.9% decrease over the $232,500 median sale price for the same period of the previous year. There were 25 homes sold in Mokena in January 2017.

The median sales tax in Mokena for the most recent year with available data, 2017, was $7,395.90, approximately 3.7% of the median home sale price for January 2018.

The following table compares Mokena to other Will County cities with similar median sales prices in January 2018:

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Shorewood1122-50%$220,000$183,50019.9%
Peotone46-33.3%$217,500$147,50047.5%
Bolingbrook6594-30.9%$214,900$194,00010.8%
Boula20-$207,500$0-
Aurora624-75%$207,500$159,95029.7%
Mokena1525-40%$202,500$232,500-12.9%
Lockport2447-48.9%$200,000$187,0007%
Wellington Heights110%$199,500$410,000-51.3%
Beecher45-20%$196,500$220,000-10.7%
Frankfort Square911-18.2%$196,000$228,000-14%
Minooka110%$181,500$184,000-1.4%

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