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Will County Gazette

Friday, November 15, 2024

University Park (Will County) home prices rise in August 2019

Realestate1

The median sale price of a home sold in August 2019 in University Park in Will County rose by $15,000 while total sales remained unchanged with seven homes sold, according to BlockShopper.com.

In August 2019, there were seven homes sold, with a median sale price of $145,000 - a 11.5% increase over the $130,000 median sale price for the same period of the previous year. There were seven homes sold in University Park in August 2018, as well.

The median sales tax in University Park for the most recent year with available data, 2018, was $4,554, approximately 3.1% of the median home sale price for August 2019.

The following table compares University Park to other Will County cities with similar median sales prices in August 2019:

CityAug. 2019 Home SalesAug. 2018 Home Sales% change (Total Home Sales)Aug. 2019 Median Sales PriceAug. 2018 Median Sales Price% change (Median Sales Price)
Boula3250%$167,500$155,0008.1%
Elwood6520%$164,950$195,000-15.4%
Lakewood Falls5425%$159,900$159,0000.6%
Crest Hill2024-16.7%$159,000$170,450-6.7%
Ingalls Park35-40%$146,000$106,50037.1%
University Park770%$145,000$130,00011.5%
Fairmont51400%$140,200$129,9007.9%
Beecher550%$135,000$134,6000.3%
Steger550%$134,900$95,50041.3%
Rockdale13-66.7%$126,000$120,0005%
Preston Heights13-66.7%$80,000$100,000-20%
* This story only considers sales data for the part of University Park that is in Will County.

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