From July through September of 2018, there were seven homes sold, with a median sale price of $160,000 - a 3.9% increase over the $154,000 median sale price for the same period of the previous year. There were seven homes sold in Lakewood Falls in the third quarter of 2017, as well.
The median sales tax in Lakewood Falls for the most recent year with available data, 2017, was $4,123, approximately 2.6% of the median home sale price for the third quarter of 2018.
The following table compares Lakewood Falls to other Will County cities with similar median sales prices in the third quarter of 2018:
| City | July - Sept. 2018 Home Sales | July - Sept. 2017 Home Sales | % change (Total Home Sales) | July - Sept. 2018 Median Sales Price | July - Sept. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Wolf Creek Island | 5 | 4 | 25% | $175,000 | $158,975 | 10.1% |
| Wellington Heights | 3 | 1 | 200% | $174,000 | $189,750 | -8.3% |
| Wilmington | 26 | 20 | 30% | $173,250 | $159,400 | 8.7% |
| Crest Hill | 80 | 61 | 31.1% | $169,950 | $165,000 | 3% |
| River Edge Estates | 1 | 1 | 0% | $167,500 | $512,000 | -67.3% |
| Lakewood Falls | 7 | 7 | 0% | $160,000 | $154,000 | 3.9% |
| Boula | 4 | 2 | 100% | $150,000 | $166,000 | -9.6% |
| Braidwood | 34 | 34 | 0% | $135,000 | $120,500 | 12% |
| Ingalls Park | 14 | 19 | -26.3% | $130,500 | $85,000 | 53.5% |
| Ridgewood | 3 | 2 | 50% | $127,000 | $73,500 | 72.8% |
| Rockdale | 6 | 3 | 100% | $119,000 | $85,000 | 40% |
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