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Kendall County Times

Saturday, November 23, 2024

Minooka (Kendall County) home prices fall in the first quarter of 2017

Realestate2

The median sale price of a home sold in the first quarter of 2017 in Minooka in Kendall County fell by $52,000 while total sales decreased by 45.5%, according to BlockShopper.com.

From January through March of 2017, there were six homes sold, with a median sale price of $168,000 - a 23.6% decrease over the $220,000 median sale price for the same period of the previous year. There were 11 homes sold in Minooka in the first quarter of 2016.

The median sales tax in Minooka for 2017 was $6,129.16. In 2016, the median sales tax was $5,700.70. This marks an increase of 7.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.6%.

The following table compares Minooka to other Kendall County cities with similar median sales prices in the first quarter of 2017:

CityJan. - Mar. 2017 Home SalesJan. - Mar. 2016 Home Sales% change (Total Home Sales)Jan. - Mar. 2017 Median Sales PriceJan. - Mar. 2016 Median Sales Price% change (Median Sales Price)
Yorkville109111-1.8%$219,500$206,0006.6%
Millbrook21100%$214,500$211,0001.7%
Bristol4333.3%$202,500$155,00030.6%
Joliet533455.9%$198,000$194,5001.8%
Montgomery42412.4%$184,500$189,000-2.4%
Aurora251931.6%$172,500$229,500-24.8%
Minooka611-45.5%$168,000$220,000-23.6%
Sandwich14-75%$140,000$180,500-22.4%
Boulder Hill35329.4%$138,000$140,500-1.8%
Plano4758-19%$130,000$115,50012.6%
Newark79-22.2%$83,000$185,000-55.1%
* This story only considers sales data for the part of Minooka that is in Kendall County.

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