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Will County Gazette

Sunday, November 24, 2024

Tinley Park (Will County) home prices fall in May 2019

Realestate077

The median sale price of a home sold in May 2019 in Tinley Park in Will County fell by $43,500 while total sales decreased by 47.4%, according to BlockShopper.com.

In May 2019, there were 10 homes sold, with a median sale price of $291,500 - a 13% decrease over the $335,000 median sale price for the same period of the previous year. There were 19 homes sold in Tinley Park in May 2018.

The median sales tax in Tinley Park for the most recent year with available data, 2018, was $10,113, approximately 3.5% of the median home sale price for May 2019.

The following table compares Tinley 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)
Mokena282040%$379,250$328,50015.4%
Spencer10-$363,000$0-
Homer Glen2229-24.1%$354,950$314,00013%
Plainfield5672-22.2%$315,500$275,00014.7%
Wheatland View10-$313,000$0-
Tinley Park1019-47.4%$291,500$335,000-13%
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%
* This story only considers sales data for the part of Tinley Park that is in Will County.

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