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Will County Gazette

Friday, November 15, 2024

Mokena home prices fall in August 2019

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The median sale price of a home sold in August 2019 in Mokena fell by $22,500 while total sales increased by 2.9%, according to BlockShopper.com.

In August 2019, there were 36 homes sold, with a median sale price of $241,000 - a 8.5% decrease over the $263,500 median sale price for the same period of the previous year. There were 35 homes sold in Mokena in August 2018.

The median sales tax in Mokena for the most recent year with available data, 2018, was $7,586, approximately 3.1% of the median home sale price for August 2019.

The following table compares Mokena 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)
New Lenox61610%$270,000$260,0003.8%
Manhattan2628-7.1%$254,950$255,000-0%
Cherry Hill14-75%$250,000$201,00024.4%
Aurora1329-55.2%$245,000$230,0006.5%
Frankfort Square1223-47.8%$244,000$221,00010.4%
Mokena36352.9%$241,000$263,500-8.5%
Bolingbrook91910%$239,000$220,0008.6%
Channahon19185.6%$237,500$246,500-3.7%
Arbury Hills14-75%$232,000$199,95016%
Shorewood32313.2%$225,000$254,900-11.7%
Carillon3250%$215,900$221,500-2.5%

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