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Will County Gazette

Sunday, November 24, 2024

Median home prices in Preston Heights rose to $260,000 in March 2022

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The median sale price of a home sold in March 2022 in Preston Heights rose by $180,000 while total sales decreased by 33.3%, according to BlockShopper.com.

In March 2022, there were four homes sold, with a median sale price of $260,000 - a 225% increase over the $80,000 median sale price for the same period of the previous year. There were six homes sold in Preston Heights in March 2021.

The median sales tax in Preston Heights for the most recent year with available data, 2019, was $2,095, approximately 0.8% of the median home sale price for March 2022.

The following table compares Preston Heights to other Will County cities with similar median sale prices in March 2022:

CityMar. 2022 Home SalesMar. 2021 Home Sales% change (Total Home Sales)Mar. 2022 Median Sales PriceMar. 2021 Median Sales Price% change (Median Sales Price)
Channahon186200%$289,000$246,95017%
Lockport554522.2%$275,500$243,00013.4%
Bolingbrook7678-2.6%$273,500$245,00011.6%
River Edge Estates110%$270,000$396,000-31.8%
Cherry Hill12-50%$265,000$250,0006%
Preston Heights46-33.3%$260,000$80,000225%
Frankfort Square131118.2%$257,500$272,000-5.3%
Monee10100%$257,250$236,5008.8%
Crete271580%$247,097$207,00019.4%
Romeoville4248-12.5%$246,500$230,0007.2%
Aurora201811.1%$238,500$276,000-13.6%

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