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Will County Gazette

Sunday, November 24, 2024

What happened to the median home price in Steger (Will County) during the first quarter of 2022?

Realestate4

The median sale price of a home sold in the first quarter of 2022 in Steger in Will County rose by $29,605 while total sales increased by 57.1%, according to BlockShopper.com.

From January through March of 2022, there were 22 homes sold, with a median sale price of $147,105 - a 25.2% increase over the $117,500 median sale price for the same period of the previous year. There were 14 homes sold in Steger in the first quarter of 2021.

The median sales tax in Steger for the most recent year with available data, 2019, was $3,140, approximately 2.1% of the median home sale price for the first quarter of 2022.

The following table compares Steger to other Will County cities with similar median sale prices in the first quarter of 2022:

CityJan. - Mar. 2022 Home SalesJan. - Mar. 2021 Home Sales% change (Total Home Sales)Jan. - Mar. 2022 Median Sales PriceJan. - Mar. 2021 Median Sales Price% change (Median Sales Price)
Coynes30-$175,000$0-
Carillon7616.7%$170,300$249,250-31.7%
Wilmington2328-17.9%$167,999$171,500-2%
Braidwood322623.1%$162,500$134,95020.4%
University Park352075%$156,550$100,50055.8%
Steger221457.1%$147,105$117,50025.2%
Ingalls Park141040%$146,000$96,75050.9%
Lakewood Shores45-20%$138,450$164,000-15.6%
Park Forest24240%$136,500$62,499118.4%
Ridgewood220%$122,500$136,500-10.3%
Fairmont58-37.5%$105,000$111,250-5.6%
* This story only considers sales data for the part of Steger that is in Will County.

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