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 BlockShopper.com.
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:
| City | July - Sept. 2021 Home Sales | July - Sept. 2020 Home Sales | % change (Total Home Sales) | July - Sept. 2021 Median Sales Price | July - Sept. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Boula | 1 | 2 | -50% | $195,000 | $257,500 | -24.3% |
| Crest Hill | 90 | 77 | 16.9% | $195,000 | $186,000 | 4.8% |
| Wilmington | 34 | 13 | 161.5% | $190,000 | $137,000 | 38.7% |
| Carillon | 8 | 9 | -11.1% | $188,000 | $187,750 | 0.1% |
| Lily Cache | 2 | 1 | 100% | $178,750 | $240,700 | -25.7% |
| University Park | 18 | 14 | 28.6% | $178,750 | $123,250 | 45% |
| Lakewood Shores | 8 | 2 | 300% | $177,950 | $157,500 | 13% |
| Fairmont | 9 | 6 | 50% | $177,000 | $69,000 | 156.5% |
| Preston Heights | 5 | 4 | 25% | $167,000 | $161,000 | 3.7% |
| Ingalls Park | 8 | 5 | 60% | $160,000 | $136,000 | 17.6% |
| Braidwood | 41 | 30 | 36.7% | $155,000 | $160,000 | -3.1% |
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