In March 2018, there were seven homes sold, with a median sale price of $60,000 - a 42.2% decrease over the $103,750 median sale price for the same period of the previous year. There were six homes sold in University Park in March 2017.
The median sales tax in University Park for the most recent year with available data, 2017, was $4,454.70, approximately 7.4% of the median home sale price for March 2018.
The following table compares University Park to other Will County cities with similar median sales prices in March 2018:
| City | Mar. 2018 Home Sales | Mar. 2017 Home Sales | % change (Total Home Sales) | Mar. 2018 Median Sales Price | Mar. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Crete | 16 | 14 | 14.3% | $164,000 | $135,500 | 21% |
| Peotone | 3 | 4 | -25% | $158,000 | $146,500 | 7.8% |
| Wilmington | 6 | 6 | 0% | $124,250 | $99,000.50 | 25.5% |
| Elwood | 2 | 2 | 0% | $123,250 | $153,250 | -19.6% |
| Beecher | 3 | 4 | -25% | $118,000 | $186,250 | -36.6% |
| Park Forest | 2 | 5 | -60% | $110,450 | $39,000 | 183.2% |
| Fairmont | 3 | 5 | -40% | $79,900 | $32,000 | 149.7% |
| Rockdale | 1 | 0 | - | $79,000 | $0 | - |
| Steger | 1 | 6 | -83.3% | $79,000 | $47,000 | 68.1% |
| Braidwood | 2 | 5 | -60% | $74,500 | $140,000 | -46.8% |
| University Park | 7 | 6 | 16.7% | $60,000 | $103,750 | -42.2% |
Alerts Sign-up