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Will County Gazette

Thursday, April 9, 2020

Brook Crossings Estates home prices rise in the fourth quarter of 2017

Real Estate

By Local Labs News Service | Jan 14, 2018

Re 13

The median sale price of a home sold in the fourth quarter of 2017 in Brook Crossings Estates rose by $54,000 while total sales decreased by 50%, according to BlockShopper.com.

From October through December of 2017, there were two homes sold, with a median sale price of $309,500 - a 21.1% increase over the $255,500 median sale price for the same period of the previous year. There were four homes sold in Brook Crossings Estates in the fourth quarter of 2016.

The median sales tax in Brook Crossings Estates for 2017 was $6,498.61. In 2016, the median sales tax was $6,479.90. This marks an increase of 0.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.1%.

The following table compares Brook Crossings Estates to other Will County cities with similar median sales prices in the fourth quarter of 2017:

City
Oct. - Dec. 2017 Home Sales
Oct. - Dec. 2016 Home Sales
% change (Total Home Sales)
Oct. - Dec. 2017 Median Sales Price
Oct. - Dec. 2016 Median Sales Price
% change (Median Sales Price)
Naperville
127
116
9.5%
$420,000
$395,000
6.3%
Frankfort
89
73
21.9%
$373,500
$350,000
6.7%
Graver Country Estates
1
0
-
$331,500
$0
-
River Edge Estates
2
0
-
$331,000
$0
-
Homer Glen
72
89
-19.1%
$309,500
$289,808
6.8%
Brook Crossings Estates
2
4
-50%
$309,500
$255,500
21.1%
Mokena
55
79
-30.4%
$287,000
$275,000
4.4%
Manhattan
68
73
-6.8%
$277,450
$228,000
21.7%
Lincoln Estates
1
1
0%
$270,000
$290,000
-6.9%
Plainfield
182
197
-7.6%
$265,775
$235,000
13.1%
Minooka
6
8
-25%
$257,500
$205,000
25.6%

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