How did home prices perform in Peotone during August 2021?

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The median sale price of a home sold in August 2021 in Peotone rose by $89,500 while total sales decreased by 28.6%, according to

In August 2021, there were five homes sold, with a median sale price of $364,500 - a 32.5% increase over the $275,000 median sale price for the same period of the previous year. There were seven homes sold in Peotone in August 2020.

The median sales tax in Peotone for the most recent year with available data, 2019, was $3,927, approximately 1.1% of the median home sale price for August 2021.

The following table compares Peotone 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)
Wheatland View10-$395,000$0-
Homer Glen38365.6%$385,000$356,9507.9%
Crystal Lawns15-80%$334,000$196,00070.4%
New Lenox4657-19.3%$305,000$314,808-3.1%

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