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Will County Gazette

Sunday, November 24, 2024

Romeoville home prices fall in May 2019

Re 9

The median sale price of a home sold in May 2019 in Romeoville fell by $500 while total sales decreased by 11.7%, according to BlockShopper.com.

In May 2019, there were 53 homes sold, with a median sale price of $185,000 - a 0.3% decrease over the $185,500 median sale price for the same period of the previous year. There were 60 homes sold in Romeoville in May 2018.

The median sales tax in Romeoville for the most recent year with available data, 2018, was $5,024, approximately 2.7% of the median home sale price for May 2019.

The following table compares Romeoville 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)
Braidwood711-36.4%$195,000$162,00020.4%
Elwood47-42.9%$194,750$181,0007.6%
Lincolnwood Hills20-$193,850$0-
Crystal Lawns25-60%$192,000$183,0004.9%
Joliet147182-19.2%$188,000$175,0007.4%
Romeoville5360-11.7%$185,000$185,500-0.3%
Wellington Heights10-$180,000$0-
Crest Hill27270%$179,500$170,0005.6%
Carillon21100%$175,000$243,000-28%
Forest Manor10-$172,500$0-
Wilmington8633.3%$172,450$231,000-25.3%

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