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Saturday, April 4, 2020

Minooka (Will County) home prices rise in the fourth quarter of 2018

Real Estate

By Local Labs News Service | Jan 14, 2019

Re 11

The median sale price of a home sold in the fourth quarter of 2018 in Minooka in Will County rose by $47,450 while total sales decreased by 33.3%, according to BlockShopper.com.

From October through December of 2018, there were four homes sold, with a median sale price of $304,950 - a 18.4% increase over the $257,500 median sale price for the same period of the previous year. There were six homes sold in Minooka in the fourth quarter of 2017.

The median sales tax in Minooka for the most recent year with available data, 2017, was $6,563.50, approximately 2.2% of the median home sale price for the fourth quarter of 2018.

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

City
Oct. - Dec. 2018 Home Sales
Oct. - Dec. 2017 Home Sales
% change (Total Home Sales)
Oct. - Dec. 2018 Median Sales Price
Oct. - Dec. 2017 Median Sales Price
% change (Median Sales Price)
Frankfort
86
89
-3.4%
$350,250
$373,500
-6.2%
River Edge Estates
3
2
50%
$347,000
$331,000
4.8%
Homer Glen
92
72
27.8%
$332,950
$309,500
7.6%
Tinley Park
20
28
-28.6%
$328,500
$229,000
43.4%
Brook Crossings Estates
1
2
-50%
$308,000
$309,500
-0.5%
Minooka
4
6
-33.3%
$304,950
$257,500
18.4%
Wheatland View
1
0
-
$300,000
$0
-
Plainfield
177
182
-2.7%
$270,000
$265,775
1.6%
Wilton
1
0
-
$270,000
$0
-
New Lenox
114
109
4.6%
$255,000
$249,900
2%
Mokena
57
55
3.6%
$255,000
$287,000
-11.1%
* This story only considers sales data for the part of Minooka that is in Will County.

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