Monee home prices rise in October 2020

Medium realestate077

The median sale price of a home sold in October 2020 in Monee rose by $55,000 while total sales increased by 66.7%, according to BlockShopper.com.

In October 2020, there were 10 homes sold, with a median sale price of $228,000 - a 31.8% increase over the $173,000 median sale price for the same period of the previous year. There were six homes sold in Monee in October 2019.

The median sales tax in Monee for the most recent year with available data, 2019, was $6,556, approximately 2.9% of the median home sale price for October 2020.

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

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Channahon198137.5%$250,000$186,75033.9%
Wheatland Plains21100%$249,950$250,000-0%
Wilmington46-33.3%$247,500$168,95046.5%
Frankfort Square1012-16.7%$234,950$210,00011.9%
Bolingbrook7685-10.6%$234,750$232,0001.2%
Monee10666.7%$228,000$173,00031.8%
Lockport614245.2%$224,000$207,5008%
Romeoville41410%$219,999$225,900-2.6%
Elwood660%$219,000$179,45022%
Aurora201811.1%$210,500$251,950-16.5%
Joliet1671660.6%$210,000$192,0009.4%

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