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Will County Gazette

Sunday, November 24, 2024

Wolf Creek Island median home prices fell by 24.3% in May

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The median sale price of a home sold in May in Wolf Creek Island fell by $70,000 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In May, there were two homes sold, with a median sale price of $217,500 - a 24.3 percent decrease from the $287,500 median sale price for the same period of the previous year. There were two homes sold in Wolf Creek Island in May 2021, as well.

The median sales tax in Wolf Creek Island for the most recent year with available data, 2019, was $3,694, approximately 1.7 percent of the median home sale price for May.

The following table compares Wolf Creek Island to other Will County cities with similar median sale prices in May:

CityMay 2022 Home SalesMay 2021 Home Sales% change (Total Home Sales)May 2022 Median Sales PriceMay 2021 Median Sales Price% change (Median Sales Price)
Coynes20-$263,250$0-
Romeoville524710.6$251,000$213,00017.8
Wellington Heights110$235,000$200,00017.5
Crystal Lawns50-$220,000$0-
Joliet18315220.4$220,000$212,5003.5
Wolf Creek Island220$217,500$287,500-24.3
Crete301776.5$217,500$246,000-11.6
Peotone7475$213,000$192,45010.7
Rockdale52150$211,000$103,750103.4
Wilmington11757.1$204,000$260,000-21.5
Crest Hill1925-24$187,500$194,000-3.4

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