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Will County Gazette

Sunday, November 24, 2024

Home prices in Will County during February 2023 fell compared to the same period in 2022

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In February 2023, the median sale price of a home in Will County fell by $3,750 from the same period in the previous year, while total sales decreased by 50.7%, according to BlockShopper.com.

Data shows that there were 440 homes sold in February 2023, with a median sale price of $260,500 - a 1.4% decrease from the $264,250 median sale price for the same period of the previous year. There were 892 homes sold in Will County in February 2022.

For context, the median sales tax in Will County, based on the latest available data from 2020, was $5,860, which stands at 2.2% of February 2023's median home sale price.

The following histogram displays changes in median sales prices in Will County from February 2022 to February 2023.

February 2022March 2022April 2022May 2022June 2022July 2022August 2022September 2022October 2022November 2022December 2022January 2023February 2023$264,250$264,250$265,000$265,000$279,000$279,000$280,000$280,000$300,000$300,000$300,000$300,000$290,000$290,000$280,000$280,000$275,000$275,000$268,000$268,000$270,000$270,000$250,000$250,000$260,500$260,500

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