Arbury Hills home prices fall in the third quarter of 2020

Medium realestate3

The median sale price of a home sold in the third quarter of 2020 in Arbury Hills fell by $22,000 while total sales increased by 266.7%, according to

From July through September of 2020, there were 11 homes sold, with a median sale price of $185,000 - a 10.6% decrease over the $207,000 median sale price for the same period of the previous year. There were three homes sold in Arbury Hills in the third quarter of 2019.

The median sales tax in Arbury Hills for the most recent year with available data, 2019, was $5,083, approximately 2.7% of the median home sale price for the third quarter of 2020.

The following table compares Arbury Hills 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)
Crystal Lawns145180%$194,500$207,000-6%
Wellington Heights24-50%$193,000$182,0006%
Crest Hill77752.7%$186,000$175,0006.3%
Arbury Hills113266.7%$185,000$207,000-10.6%
Wolf Creek Island31200%$185,000$170,0008.8%
Lakewood Falls59-44.4%$175,000$168,5003.9%
Preston Heights440%$161,000$120,00034.2%

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