McLean County Times

McLean County Times

Thursday, February 27, 2020

Wilmington home prices rise in 2019

Real Estate

By Metric Media News Service | Jan 7, 2020

Re 1

The median sale price of a home sold in 2019 in Wilmington rose by $8,850 while total sales decreased by 11.1%, according to BlockShopper.com.

From January through December of 2019, there were 72 homes sold, with a median sale price of $167,750 - a 5.6% increase over the $158,900 median sale price for the previous year. There were 81 homes sold in Wilmington in 2018.

The median sales tax in Wilmington for the most recent year with available data, 2018, was $3,418, approximately 2% of the median home sale price for 2019.

The following table compares Wilmington to other Will County cities with similar median sales prices in 2019:

City
Jan. - Dec. 2019 Home Sales
Jan. - Dec. 2018 Home Sales
% change (Total Home Sales)
Jan. - Dec. 2019 Median Sales Price
Jan. - Dec. 2018 Median Sales Price
% change (Median Sales Price)
Joliet
1,787
1,978
-9.7%
$179,900
$175,000
2.8%
Forest Manor
5
7
-28.6%
$174,000
$179,250
-2.9%
Crest Hill
252
250
0.8%
$171,250
$170,000
0.7%
Wolf Creek Island
3
9
-66.7%
$170,000
$184,000
-7.6%
Beecher
44
60
-26.7%
$167,850
$177,400
-5.4%
Wilmington
72
81
-11.1%
$167,750
$158,900
5.6%
Peotone
74
64
15.6%
$166,200
$194,000
-14.3%
Lakewood Falls
19
20
-5%
$165,000
$166,000
-0.6%
Crete
171
212
-19.3%
$163,900
$164,500
-0.4%
Coynes
4
6
-33.3%
$163,500
$170,000
-3.8%
Custer Park
9
12
-25%
$157,900
$365,000
-56.7%

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