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Will County Gazette

Thursday, April 18, 2024

Monee home prices rise in October 2018

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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:

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Manhattan1623-30.4%$273,400$293,611-6.9%
Tinley Park1011-9.1%$250,000$233,0007.3%
New Lenox493828.9%$245,000$281,500-13%
Channahon1013-23.1%$236,950$190,00024.7%
Frankfort Square1018-44.4%$235,000$226,0004%
Monee68-25%$232,450$139,25066.9%
Lockport684454.5%$228,000$186,75022.1%
Willowbrook34-25%$228,000$223,7001.9%
Bolingbrook746710.4%$224,000$208,0007.7%
Wilmington7540%$222,000$146,00052.1%
Shorewood281675%$221,250$266,450-17%

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