Steger (Will County) home prices rise in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Steger in Will County rose by $11,500 while total sales decreased by 30.4%, according to BlockShopper.com.

From July through September of 2020, there were 16 homes sold, with a median sale price of $123,500 - a 10.3% increase over the $112,000 median sale price for the same period of the previous year. There were 23 homes sold in Steger in the third quarter of 2019.

The median sales tax in Steger for the most recent year with available data, 2019, was $3,140, approximately 2.5% of the median home sale price for the third quarter of 2020.

The following table compares Steger to other Will County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Braidwood3033-9.1%$160,000$159,9000.1%
Lincoln Estates330%$160,000$299,900-46.6%
Lakewood Shores28-75%$157,500$201,500-21.8%
Godley110%$144,000$40,000260%
Wilmington1322-40.9%$137,000$168,097.50-18.5%
Ingalls Park516-68.8%$136,000$112,20021.2%
Steger1623-30.4%$123,500$112,00010.3%
University Park1427-48.1%$123,250$105,00017.4%
Ridgewood34-25%$107,000$59,75079.1%
Park Forest171421.4%$84,900$69,60022%
Fairmont69-33.3%$69,000$165,500-58.3%
* This story only considers sales data for the part of Steger that is in Will County.

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