Peotone home prices rise in September 2020

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The median sale price of a home sold in September 2020 in Peotone rose by $65,100 while total sales decreased by 42.9%, according to BlockShopper.com.

In September 2020, there were four homes sold, with a median sale price of $210,000 - a 44.9% increase over the $144,900 median sale price for the same period of the previous year. There were seven homes sold in Peotone in September 2019.

The median sales tax in Peotone for the most recent year with available data, 2019, was $3,927, approximately 1.9% of the median home sale price for September 2020.

The following table compares Peotone to other Will County cities with similar median sales prices in September 2020:

CitySept. 2020 Home SalesSept. 2019 Home Sales% change (Total Home Sales)Sept. 2020 Median Sales PriceSept. 2019 Median Sales Price% change (Median Sales Price)
Cherry Hill20-$233,750$0-
Willowbrook72250%$229,900$255,000-9.8%
Elwood5366.7%$228,500$194,90017.2%
Lockport573850%$224,017$205,0009.3%
Monee62200%$220,000$223,950-1.8%
Peotone47-42.9%$210,000$144,90044.9%
Romeoville514124.4%$207,000$215,000-3.7%
Forest Manor20-$205,000$0-
Crystal Lawns3250%$197,500$206,000-4.1%
Braidwood111010%$194,900$147,50032.1%
Joliet189194-2.6%$191,000$180,0006.1%

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