Will County Gazette

Will County Gazette

Tuesday, December 10, 2019

Monee home prices rise in October 2018

Real Estate

By Local Labs News Service | Nov 14, 2018

Re 6

The median sale price of a home sold in October 2018 in Monee rose by $93,200 while total sales decreased by 25%, according to BlockShopper.com.

In October 2018, there were six homes sold, with a median sale price of $232,450 - a 66.9% increase over the $139,250 median sale price for the same period of the previous year. There were eight homes sold in Monee in October 2017.

The median sales tax in Monee for the most recent year with available data, 2017, was $6,206.30, approximately 2.7% of the median home sale price for October 2018.

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

City
Oct. 2018 Home Sales
Oct. 2017 Home Sales
% change (Total Home Sales)
Oct. 2018 Median Sales Price
Oct. 2017 Median Sales Price
% change (Median Sales Price)
Manhattan
16
23
-30.4%
$273,400
$293,611
-6.9%
Tinley Park
10
11
-9.1%
$250,000
$233,000
7.3%
New Lenox
49
38
28.9%
$245,000
$281,500
-13%
Channahon
10
13
-23.1%
$236,950
$190,000
24.7%
Frankfort Square
10
18
-44.4%
$235,000
$226,000
4%
Monee
6
8
-25%
$232,450
$139,250
66.9%
Lockport
68
44
54.5%
$228,000
$186,750
22.1%
Willowbrook
3
4
-25%
$228,000
$223,700
1.9%
Bolingbrook
74
67
10.4%
$224,000
$208,000
7.7%
Wilmington
7
5
40%
$222,000
$146,000
52.1%
Shorewood
28
16
75%
$221,250
$266,450
-17%

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