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Will County Gazette

Sunday, November 24, 2024

Home prices increased in Shorewood during March 2022

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The median sale price of a home sold in March 2022 in Shorewood rose by $102,717 while total sales increased by 166.7%, according to BlockShopper.com.

In March 2022, there were 32 homes sold, with a median sale price of $332,500 - a 44.7% increase over the $229,784 median sale price for the same period of the previous year. There were 12 homes sold in Shorewood in March 2021.

The median sales tax in Shorewood for the most recent year with available data, 2019, was $6,479, approximately 1.9% of the median home sale price for March 2022.

The following table compares Shorewood 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)
Lincolnwood Hills10-$385,000$0-
Manhattan1720-15%$380,000$280,50035.5%
Mokena2529-13.8%$362,500$350,0003.6%
Tinley Park67-14.3%$354,000$371,000-4.6%
Minooka110%$342,000$401,000-14.7%
Shorewood3212166.7%$332,500$229,783.5044.7%
Wilton110%$330,000$475,000-30.5%
Willowbrook20-$329,375$0-
New Lenox40385.3%$327,450$254,95028.4%
Homer Glen29283.6%$327,000$352,500-7.2%
Custer Park40-$315,000$0-

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