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Will County Gazette

Wednesday, November 27, 2024

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

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The median sale price of a home sold in the first quarter of 2018 in Crete in Will County rose by $54,375.50 while total sales decreased by 17.3%, according to BlockShopper.com.

From January through March of 2018, there were 43 homes sold, with a median sale price of $168,000 - a 47.9% increase over the $113,624.50 median sale price for the same period of the previous year. There were 52 homes sold in Crete in the first quarter of 2017.

The median sales tax in Crete for the most recent year with available data, 2017, was $5,139.30, approximately 3.1% of the median home sale price for the first quarter of 2018.

The following table compares Crete 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)
Romeoville90152-40.8%$181,500$160,00013.4%
Monee1630-46.7%$173,400$162,0007%
Joliet346418-17.2%$172,500$142,90020.7%
Beecher12120%$172,000$178,252.50-3.5%
Wellington Heights52150%$168,500$292,000-42.3%
Crete4352-17.3%$168,000$113,624.5047.9%
Crest Hill5080-37.5%$164,750$146,50012.5%
Lakewood Falls550%$163,000$155,5004.8%
Elwood35-40%$155,000$156,000-0.6%
Lakewood Shores41300%$147,500$45,500224.2%
Braidwood1222-45.5%$142,500$127,25012%
* This story only considers sales data for the part of Crete that is in Will County.

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