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Will County Gazette

Thursday, April 25, 2024

Monee home prices fall in January 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:

CityJan. 2020 Home SalesJan. 2019 Home Sales% change (Total Home Sales)Jan. 2020 Median Sales PriceJan. 2019 Median Sales Price% change (Median Sales Price)
Bolingbrook614924.5%$206,000$205,0000.5%
Arbury Hills3250%$200,000$166,25020.3%
Lockport383122.6%$195,000$235,000-17%
Romeoville402653.8%$191,250$182,0005.1%
Cherry Hill10-$182,960$0-
Monee52150%$179,900$230,000-21.8%
Crete10666.7%$179,500$226,500-20.8%
Braidwood660%$176,000$166,9505.4%
Joliet15411237.5%$171,248.50$161,2506.2%
Crest Hill2110110%$170,000$149,95013.4%
Boula10-$169,900$0-

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