Will County Gazette

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Sunday, April 5, 2020

Monee home prices fall in January 2020

Real Estate

By Metric Media News Service | Feb 7, 2020

Re 11

The median sale price of a home sold in January 2020 in Monee fell by $50,100 while total sales increased by 150%, according to BlockShopper.com.

In January 2020, there were five homes sold, with a median sale price of $179,900 - a 21.8% decrease over the $230,000 median sale price for the same period of the previous year. There were two homes sold in Monee in January 2019.

The median sales tax in Monee for the most recent year with available data, 2018, was $6,366, approximately 3.5% of the median home sale price for January 2020.

The following table compares Monee to other Will County cities with similar median sales prices in January 2020:

City
Jan. 2020 Home Sales
Jan. 2019 Home Sales
% change (Total Home Sales)
Jan. 2020 Median Sales Price
Jan. 2019 Median Sales Price
% change (Median Sales Price)
Bolingbrook
61
49
24.5%
$206,000
$205,000
0.5%
Arbury Hills
3
2
50%
$200,000
$166,250
20.3%
Lockport
38
31
22.6%
$195,000
$235,000
-17%
Romeoville
40
26
53.8%
$191,250
$182,000
5.1%
Cherry Hill
1
0
-
$182,960
$0
-
Monee
5
2
150%
$179,900
$230,000
-21.8%
Crete
10
6
66.7%
$179,500
$226,500
-20.8%
Braidwood
6
6
0%
$176,000
$166,950
5.4%
Joliet
154
112
37.5%
$171,248.50
$161,250
6.2%
Crest Hill
21
10
110%
$170,000
$149,950
13.4%
Boula
1
0
-
$169,900
$0
-

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