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Will County Gazette

Sunday, November 24, 2024

April: Wellington Heights experienced a 58.2% increase in median home prices

Realestate4

The median sale price of a home sold in April in Wellington Heights rose by $97,500 while total sales increased by 50 percent, according to BlockShopper.com.

In April, there were three homes sold, with a median sale price of $265,000 - a 58.2 percent increase over the $167,500 median sale price for the same period of the previous year. There were two homes sold in Wellington Heights in April 2021.

The median sales tax in Wellington Heights for the most recent year with available data, 2019, was $4,536, approximately 1.7 percent of the median home sale price for April.

The following table compares Wellington Heights to other Will County cities with similar median sale prices in April:

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Channahon10100$282,500$252,95011.7
Bolingbrook5076-34.2$276,000$246,50012
Frankfort Square913-30.8$275,000$247,50011.1
Arbury Hills52150$270,000$272,450-0.9
Peotone73133.3$265,000$175,00051.4
Wellington Heights3250$265,000$167,50058.2
Romeoville3757-35.1$257,000$240,0007.1
Lakewood Falls3250$250,500$175,75042.5
Gilletts20-$250,000$0-
Monee711-36.4$250,000$180,00038.9
Mokena2125-16$250,000$287,500-13

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