Will County Gazette

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Thursday, April 2, 2020

Beecher home prices fall in October 2018

Real Estate

By Local Labs News Service | Nov 14, 2018

Re 7

The median sale price of a home sold in October 2018 in Beecher fell by $60,000 while total sales increased by 133.3%, according to BlockShopper.com.

In October 2018, there were seven homes sold, with a median sale price of $145,000 - a 29.3% decrease over the $205,000 median sale price for the same period of the previous year. There were three homes sold in Beecher in October 2017.

The median sales tax in Beecher for the most recent year with available data, 2017, was $4,482.20, approximately 3.1% of the median home sale price for October 2018.

The following table compares Beecher 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)
Joliet
179
153
17%
$170,000
$164,000
3.7%
Crest Hill
25
18
38.9%
$169,000
$157,950
7%
Custer Park
3
1
200%
$158,000
$182,000
-13.2%
Elwood
4
7
-42.9%
$149,000
$192,000
-22.4%
Preston Heights
2
2
0%
$145,575
$132,450
9.9%
Beecher
7
3
133.3%
$145,000
$205,000
-29.3%
Crete
16
10
60%
$141,200
$149,950
-5.8%
Ingalls Park
3
3
0%
$139,900
$99,900
40%
Rockdale
2
0
-
$131,500
$0
-
Fairmont
2
2
0%
$110,000
$188,450
-41.6%
Braidwood
5
9
-44.4%
$90,000
$133,000
-32.3%

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