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Will County Gazette

Friday, November 15, 2024

Crete (Will County) home prices rise in August 2019

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The median sale price of a home sold in August 2019 in Crete in Will County rose by $16,500 while total sales decreased by 9.1%, according to BlockShopper.com.

In August 2019, there were 20 homes sold, with a median sale price of $169,500 - a 10.8% increase over the $153,000 median sale price for the same period of the previous year. There were 22 homes sold in Crete in August 2018.

The median sales tax in Crete for the most recent year with available data, 2018, was $5,373, approximately 3.2% of the median home sale price for August 2019.

The following table compares Crete 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)
Braidwood10100%$176,500$159,45010.7%
Forest Manor10-$174,000$0-
Wilmington1013-23.1%$173,500$163,0006.4%
Spencer10-$173,000$0-
Peotone79-22.2%$169,900$210,000-19.1%
Crete2022-9.1%$169,500$153,00010.8%
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%
* This story only considers sales data for the part of Crete that is in Will County.

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