January 2021: Crest Hill (Will County) experienced a 10.3% drop in median home prices

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The median sale price of a home sold in January 2021 in Crest Hill in Will County fell by $17,500 while total sales increased by 23.8%, according to BlockShopper.com.

In January 2021, there were 26 homes sold, with a median sale price of $152,500 - a 10.3% decrease over the $170,000 median sale price for the same period of the previous year. There were 21 homes sold in Crest Hill in January 2020.

The median sales tax in Crest Hill for the most recent year with available data, 2019, was $4,002, approximately 2.6% of the median home sale price for January 2021.

The following table compares Crest Hill to other Will County cities with similar median sale prices in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Beecher6450%$196,050$157,50024.5%
Joliet19115424%$195,000$171,248.5013.9%
Elwood440%$190,750$212,750-10.3%
Wilmington8633.3%$182,250$168,2508.3%
Custer Park20-$162,500$0-
Crest Hill262123.8%$152,500$170,000-10.3%
Braidwood46-33.3%$150,000$176,000-14.8%
Rockdale3250%$140,000$113,15023.7%
Lakewood Shores10-$138,000$0-
Peotone5425%$135,500$216,950-37.5%
Fairmont24-50%$118,500$126,000-6%
* This story only considers sales data for the part of Crest Hill that is in Will County.

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