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Saturday, April 4, 2020

Monee home prices rise in the first half of 2018

Real Estate

By Local Labs News Service | Jul 14, 2018

Realestate077

The median sale price of a home sold in the first half of 2018 in Monee rose by $7,000 while total sales decreased by 20.4%, according to BlockShopper.com.

From January through June of 2018, there were 39 homes sold, with a median sale price of $180,000 - a 4% increase over the $173,000 median sale price for the same period of the previous year. There were 49 homes sold in Monee in the first half of 2017.

The median sales tax in Monee for the most recent year with available data, 2017, was $6,206, approximately 3.4% of the median home sale price for the first half of 2018.

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

City
Jan. - June 2018 Home Sales
Jan. - June 2017 Home Sales
% change (Total Home Sales)
Jan. - June 2018 Median Sales Price
Jan. - June 2017 Median Sales Price
% change (Median Sales Price)
Boula
6
4
50%
$191,000
$111,129.50
71.9%
Romeoville
258
323
-20.1%
$184,966.50
$165,000
12.1%
Peotone
24
25
-4%
$181,000
$165,900
9.1%
Elwood
21
16
31.3%
$181,000
$167,000
8.4%
Joliet
862
925
-6.8%
$180,000
$154,000
16.9%
Monee
39
49
-20.4%
$180,000
$173,000
4%
Beecher
28
31
-9.7%
$175,000
$167,500
4.5%
Wellington Heights
10
7
42.9%
$170,500
$169,000
0.9%
Crest Hill
111
171
-35.1%
$170,000
$155,000
9.7%
Coynes
3
2
50%
$167,000
$142,500
17.2%
Lakewood Falls
9
11
-18.2%
$163,000
$155,500
4.8%

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