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Will County Gazette

Wednesday, November 27, 2024

Tinley Park (Will County) home prices rise in the first quarter of 2018

Realestate4

The median sale price of a home sold in the first quarter of 2018 in Tinley Park in Will County rose by $5,000 while total sales increased by 29.4%, according to BlockShopper.com.

From January through March of 2018, there were 22 homes sold, with a median sale price of $230,000 - a 2.2% increase over the $225,000 median sale price for the same period of the previous year. There were 17 homes sold in Tinley Park in the first quarter of 2017.

The median sales tax in Tinley Park for the most recent year with available data, 2017, was $10,155, approximately 4.4% of the median home sale price for the first quarter of 2018.

The following table compares Tinley Park to other Will County cities with similar median sales prices in the first quarter of 2018:

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
New Lenox79127-37.8%$248,390$233,0006.6%
Cherry Hill220%$243,500$173,75040.1%
Mokena3368-51.5%$243,000$249,000-2.4%
Aurora2650-48%$241,500$164,00047.3%
Custer Park13-66.7%$230,000$59,000289.8%
Tinley Park221729.4%$230,000$225,0002.2%
Shorewood4350-14%$229,900$192,00019.7%
Frankfort Square2326-11.5%$219,900$226,250-2.8%
Minooka24-50%$218,250$237,450-8.1%
Lockport80121-33.9%$209,500$187,00012%
Boula42100%$209,000$144,50044.6%
* This story only considers sales data for the part of Tinley Park that is in Will County.

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