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Will County Gazette

Sunday, November 24, 2024

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

Realestate077

The median sale price of a home sold in May 2019 in University Park in Will County rose by $101,400 while total sales increased by 25%, according to BlockShopper.com.

In May 2019, there were five homes sold, with a median sale price of $139,900 - a 263.4% increase over the $38,500 median sale price for the same period of the previous year. There were four homes sold in University Park in May 2018.

The median sales tax in University Park for the most recent year with available data, 2018, was $4,554, approximately 3.3% of the median home sale price for May 2019.

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

CityMay 2019 Home SalesMay 2018 Home Sales% change (Total Home Sales)May 2019 Median Sales PriceMay 2018 Median Sales Price% change (Median Sales Price)
Wilmington8633.3%$172,450$231,000-25.3%
Monee36-50%$162,500$192,250-15.5%
Park Forest12-50%$161,000$56,450185.2%
Lakewood Falls13-66.7%$161,000$154,0004.5%
Arbury Hills21100%$157,000$179,000-12.3%
Peotone56-16.7%$145,000$214,000-32.2%
University Park5425%$139,900$38,500263.4%
Fairmont23-33.3%$139,300$41,250237.7%
Crete1114-21.4%$119,900$154,000-22.1%
Steger35-40%$88,500$82,0007.9%
Ingalls Park330%$85,000$131,000-35.1%
* This story only considers sales data for the part of University Park that is in Will County.

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