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Saturday, November 2, 2024

Crete (Will County) home prices fall in October 2018

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The median sale price of a home sold in October 2018 in Crete in Will County fell by $8,750 while total sales increased by 60%, according to BlockShopper.com.

In October 2018, there were 16 homes sold, with a median sale price of $141,200 - a 5.8% decrease over the $149,950 median sale price for the same period of the previous year. There were 10 homes sold in Crete in October 2017.

The median sales tax in Crete for the most recent year with available data, 2017, was $5,139.30, approximately 3.6% of the median home sale price for October 2018.

The following table compares Crete to other Will County cities with similar median sales prices in October 2018:

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Crest Hill251838.9%$169,000$157,9507%
Custer Park31200%$158,000$182,000-13.2%
Elwood47-42.9%$149,000$192,000-22.4%
Preston Heights220%$145,575$132,4509.9%
Beecher73133.3%$145,000$205,000-29.3%
Crete161060%$141,200$149,950-5.8%
Ingalls Park330%$139,900$99,90040%
Rockdale20-$131,500$0-
Fairmont220%$110,000$188,450-41.6%
Braidwood59-44.4%$90,000$133,000-32.3%
Park Forest31200%$85,000$17,000400%
* This story only considers sales data for the part of Crete that is in Will County.

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