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Will County Gazette

Wednesday, May 8, 2024

Wilmington home prices rise in the third quarter of 2018

Realestate2

The median sale price of a home sold in the third quarter of 2018 in Wilmington rose by $13,850 while total sales increased by 30%, according to BlockShopper.com.

From July through September of 2018, there were 26 homes sold, with a median sale price of $173,250 - a 8.7% increase over the $159,400 median sale price for the same period of the previous year. There were 20 homes sold in Wilmington in the third quarter of 2017.

The median sales tax in Wilmington for the most recent year with available data, 2017, was $3,224.60, approximately 1.9% of the median home sale price for the third quarter of 2018.

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

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Coynes24-50%$179,500$133,25034.7%
Joliet58851314.6%$176,250$170,0003.7%
Crete675034%$175,000$156,50011.8%
Wolf Creek Island5425%$175,000$158,97510.1%
Wellington Heights31200%$174,000$189,750-8.3%
Wilmington262030%$173,250$159,4008.7%
Crest Hill806131.1%$169,950$165,0003%
River Edge Estates110%$167,500$512,000-67.3%
Lakewood Falls770%$160,000$154,0003.9%
Boula42100%$150,000$166,000-9.6%
Braidwood34340%$135,000$120,50012%

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