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Will County Gazette

Sunday, November 24, 2024

Shorewood home prices fall in May 2019

Realestate3

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Adobe Stock

The median sale price of a home sold in May 2019 in Shorewood fell by $10,500 while total sales decreased by 4.2%, according to BlockShopper.com.

In May 2019, there were 23 homes sold, with a median sale price of $225,000 - a 4.5% decrease over the $235,500 median sale price for the same period of the previous year. There were 24 homes sold in Shorewood in May 2018.

The median sales tax in Shorewood for the most recent year with available data, 2018, was $6,222, approximately 2.8% of the median home sale price for May 2019.

The following table compares Shorewood 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)
New Lenox2744-38.6%$268,000$272,750-1.7%
Manhattan1423-39.1%$264,524$253,7654.2%
Boula10-$260,000$0-
Cherry Hill40-$235,000$0-
Channahon910-10%$225,000$240,643.88-6.5%
Shorewood2324-4.2%$225,000$235,500-4.5%
Aurora1322-40.9%$225,000$265,500-15.3%
Frankfort Square1017-41.2%$224,500$182,50023%
Bolingbrook5885-31.8%$219,000$222,000-1.4%
Preston Heights110%$213,000$135,00057.8%
Beecher29-77.8%$210,875$190,00011%

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