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Will County Gazette

Wednesday, November 27, 2024

Channahon (Will County) home prices fall in March 2018

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The median sale price of a home sold in March 2018 in Channahon in Will County fell by $21,000 while total sales decreased by 30.8%, according to BlockShopper.com.

In March 2018, there were nine homes sold, with a median sale price of $204,000 - a 9.3% decrease over the $225,000 median sale price for the same period of the previous year. There were 13 homes sold in Channahon in March 2017.

The median sales tax in Channahon for the most recent year with available data, 2017, was $5,137.70, approximately 2.5% of the median home sale price for March 2018.

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

CityMar. 2018 Home SalesMar. 2017 Home Sales% change (Total Home Sales)Mar. 2018 Median Sales PriceMar. 2017 Median Sales Price% change (Median Sales Price)
Cherry Hill220%$243,500$173,75040.1%
Aurora13130%$243,000$168,00044.6%
Shorewood1718-5.6%$239,000$240,500-0.6%
Lockport2949-40.8%$223,000$179,00024.6%
Frankfort Square512-58.3%$217,000$226,250-4.1%
Channahon913-30.8%$204,000$225,000-9.3%
Bolingbrook5894-38.3%$203,800$169,55020.2%
Forest Manor110%$202,000$145,00039.3%
Tinley Park8714.3%$202,000$188,0007.4%
Lincoln Estates20-$200,000$0-
Monee516-68.8%$192,000$169,50013.3%
* This story only considers sales data for the part of Channahon that is in Will County.

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