In April, there were three homes sold, with a median sale price of $250,500 - a 42.5 percent increase over the $175,750 median sale price for the same period of the previous year. There were two homes sold in Lakewood Falls in April 2021.
The median sales tax in Lakewood Falls for the most recent year with available data, 2019, was $4,837, approximately 1.9 percent of the median home sale price for April.
The following table compares Lakewood Falls to other Will County cities with similar median sale prices in April:
| City | April 2022 Home Sales | April 2021 Home Sales | % change (Total Home Sales) | April 2022 Median Sales Price | April 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Frankfort Square | 9 | 13 | -30.8 | $275,000 | $247,500 | 11.1 |
| Arbury Hills | 5 | 2 | 150 | $270,000 | $272,450 | -0.9 |
| Peotone | 7 | 3 | 133.3 | $265,000 | $175,000 | 51.4 |
| Wellington Heights | 3 | 2 | 50 | $265,000 | $167,500 | 58.2 |
| Romeoville | 37 | 57 | -35.1 | $257,000 | $240,000 | 7.1 |
| Lakewood Falls | 3 | 2 | 50 | $250,500 | $175,750 | 42.5 |
| Gilletts | 2 | 0 | - | $250,000 | $0 | - |
| Monee | 7 | 11 | -36.4 | $250,000 | $180,000 | 38.9 |
| Mokena | 21 | 25 | -16 | $250,000 | $287,500 | -13 |
| Joliet | 125 | 169 | -26 | $230,000 | $200,000 | 15 |
| Wilton | 1 | 1 | 0 | $230,000 | $212,000 | 8.5 |
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