Will County Gazette

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Sunday, April 5, 2020

Shorewood home prices rise in January 2020

Real Estate

By Metric Media News Service | Feb 7, 2020

Realestate2

The median sale price of a home sold in January 2020 in Shorewood rose by $33,500 while total sales increased by 72.7%, according to BlockShopper.com.

In January 2020, there were 19 homes sold, with a median sale price of $245,000 - a 15.8% increase over the $211,500 median sale price for the same period of the previous year. There were 11 homes sold in Shorewood in January 2019.

The median sales tax in Shorewood for the most recent year with available data, 2018, was $6,222, approximately 2.5% of the median home sale price for January 2020.

The following table compares Shorewood 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)
New Lenox
43
17
152.9%
$272,000
$260,000
4.6%
Manhattan
11
9
22.2%
$270,000
$335,887
-19.6%
Willowbrook
1
2
-50%
$268,200
$192,500
39.3%
Plainfield
47
27
74.1%
$255,000
$244,000
4.5%
Lincolnwood Hills
1
0
-
$245,000
$0
-
Shorewood
19
11
72.7%
$245,000
$211,500
15.8%
Frankfort Square
12
3
300%
$226,500
$192,000
18%
Tinley Park
7
2
250%
$225,000
$321,000
-29.9%
Channahon
18
10
80%
$223,750
$241,500
-7.3%
Peotone
4
3
33.3%
$216,950
$190,000
14.2%
Aurora
11
9
22.2%
$214,900
$255,000
-15.7%

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