In February 2022, there were 17 homes sold, with a median sale price of $142,000 - a 32.7% increase over the $107,000 median sale price for the same period of the previous year. There were six homes sold in University Park in February 2021.
The median sales tax in University Park for the most recent year with available data, 2019, was $4,642, approximately 3.3% of the median home sale price for February 2022.
The following table compares University Park to other Will County cities with similar median sale prices in February 2022:
| City | Feb. 2022 Home Sales | Feb. 2021 Home Sales | % change (Total Home Sales) | Feb. 2022 Median Sales Price | Feb. 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Ingalls Park | 1 | 0 | - | $180,000 | $0 | - |
| Coynes | 1 | 0 | - | $175,000 | $0 | - |
| Wilmington | 12 | 11 | 9.1% | $172,500 | $130,000 | 32.7% |
| Steger | 4 | 4 | 0% | $167,000 | $143,250 | 16.6% |
| Fairmont | 1 | 2 | -50% | $165,000 | $89,500 | 84.4% |
| Carillon | 2 | 1 | 100% | $147,500 | $155,000 | -4.8% |
| Park Forest | 7 | 14 | -50% | $143,000 | $62,155.50 | 130.1% |
| Lakewood Shores | 2 | 1 | 100% | $143,000 | $40,000 | 257.5% |
| University Park | 17 | 6 | 183.3% | $142,000 | $107,000 | 32.7% |
| Peotone | 1 | 5 | -80% | $135,000 | $248,000 | -45.6% |
| Rockdale | 1 | 3 | -66.7% | $80,000 | $124,000 | -35.5% |
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