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Will County Gazette

Monday, November 25, 2024

Steger (Will County) home prices rise in January 2018

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The median sale price of a home sold in January 2018 in Steger in Will County rose by $27,209 while total sales increased by 40%, according to BlockShopper.com.

In January 2018, there were seven homes sold, with a median sale price of $88,000 - a 44.8% increase over the $60,791 median sale price for the same period of the previous year. There were five homes sold in Steger in January 2017.

The median sales tax in Steger for the most recent year with available data, 2017, was $2,948.80, approximately 3.4% of the median home sale price for January 2018.

The following table compares Steger 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)
Wilmington7616.7%$151,000$141,5006.7%
Monee660%$145,750$90,64760.8%
Ingalls Park440%$117,000$107,0009.3%
Ridgewood110%$115,000$23,289393.8%
Preston Heights14-75%$99,000$135,000-26.7%
University Park59-44.4%$89,900$100,100-10.2%
Steger7540%$88,000$60,79144.8%
Park Forest46-33.3%$70,000$102,025-31.4%
Arbury Hills13-66.7%$70,000$178,500-60.8%
Lakewood Shores110%$18,000$45,500-60.4%
Lincoln Estates110%$17,500$228,000-92.3%
* This story only considers sales data for the part of Steger that is in Will County.

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