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Will County Gazette

Monday, November 25, 2024

Crete (Will County) home prices rise in January 2018

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The median sale price of a home sold in January 2018 in Crete in Will County rose by $58,500 while total sales decreased by 30%, according to BlockShopper.com.

In January 2018, there were 14 homes sold, with a median sale price of $169,500 - a 52.7% increase over the $111,000 median sale price for the same period of the previous year. There were 20 homes sold in Crete in January 2017.

The median sales tax in Crete for the most recent year with available data, 2017, was $5,139.30, approximately 3% of the median home sale price for January 2018.

The following table compares Crete 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)
Frankfort Square911-18.2%$196,000$228,000-14%
Minooka110%$181,500$184,000-1.4%
Crystal Lawns21100%$181,000$149,90020.7%
Romeoville4253-20.8%$178,000$160,00011.3%
Joliet149173-13.9%$176,450$138,00027.9%
Crete1420-30%$169,500$111,00052.7%
Lakewood Falls41300%$166,000$155,5006.8%
Crest Hill1731-45.2%$161,500$140,00015.4%
Braidwood38-62.5%$155,000$149,2503.9%
Wilmington7616.7%$151,000$141,5006.7%
Monee660%$145,750$90,64760.8%
* This story only considers sales data for the part of Crete that is in Will County.

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