How did home prices perform in University Park (Will County) during the third quarter of 2021?

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The median sale price of a home sold in the third quarter of 2021 in University Park in Will County rose by $55,500 while total sales increased by 28.6%, according to

From July through September of 2021, there were 18 homes sold, with a median sale price of $178,750 - a 45% increase over the $123,250 median sale price for the same period of the previous year. There were 14 homes sold in University Park in the third quarter of 2020.

The median sales tax in University Park for the most recent year with available data, 2019, was $4,642, approximately 2.6% of the median home sale price for the third quarter of 2021.

The following table compares University Park to other Will County cities with similar median sale prices in the third quarter of 2021:

CityJuly - Sept. 2021 Home SalesJuly - Sept. 2020 Home Sales% change (Total Home Sales)July - Sept. 2021 Median Sales PriceJuly - Sept. 2020 Median Sales Price% change (Median Sales Price)
Crest Hill907716.9%$195,000$186,0004.8%
Lily Cache21100%$178,750$240,700-25.7%
University Park181428.6%$178,750$123,25045%
Lakewood Shores82300%$177,950$157,50013%
Preston Heights5425%$167,000$161,0003.7%
Ingalls Park8560%$160,000$136,00017.6%
* This story only considers sales data for the part of University Park that is in Will County.

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