Mokena median home prices fell by 15.6% in August 2021

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The median sale price of a home sold in August 2021 in Mokena fell by $54,750 while total sales increased by 26.7%, according to BlockShopper.com.

In August 2021, there were 38 homes sold, with a median sale price of $296,000 - a 15.6% decrease over the $350,750 median sale price for the same period of the previous year. There were 30 homes sold in Mokena in August 2020.

The median sales tax in Mokena for the most recent year with available data, 2019, was $7,823, approximately 2.6% of the median home sale price for August 2021.

The following table compares Mokena to other Will County cities with similar median sale prices in August 2021:

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Crystal Lawns15-80%$334,000$196,00070.4%
Minooka24-50%$333,250$254,50030.9%
Aurora141127.3%$311,750$253,00023.2%
New Lenox4657-19.3%$305,000$314,808-3.1%
Bolingbrook857710.4%$300,000$240,90024.5%
Mokena383026.7%$296,000$350,750-15.6%
Channahon141216.7%$291,950$350,000-16.6%
Shorewood272222.7%$289,900$310,000-6.5%
Tinley Park1112-8.3%$285,000$306,000-6.9%
Frankfort Square1417-17.6%$270,000$239,90012.5%
Manhattan2327-14.8%$257,000$274,000-6.2%

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