In May, there were 11 homes sold, with a median sale price of $204,000 - a 21.5 percent decrease from the $260,000 median sale price for the same period of the previous year. There were seven homes sold in Wilmington in May 2021.
The median sales tax in Wilmington for the most recent year with available data, 2019, was $3,462, approximately 1.7 percent of the median home sale price for May.
The following table compares Wilmington to other Will County cities with similar median sale prices in May:
City | May 2022 Home Sales | May 2021 Home Sales | % change (Total Home Sales) | May 2022 Median Sales Price | May 2021 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Joliet | 183 | 152 | 20.4 | $220,000 | $212,500 | 3.5 |
Wolf Creek Island | 2 | 2 | 0 | $217,500 | $287,500 | -24.3 |
Crete | 30 | 17 | 76.5 | $217,500 | $246,000 | -11.6 |
Peotone | 7 | 4 | 75 | $213,000 | $192,450 | 10.7 |
Rockdale | 5 | 2 | 150 | $211,000 | $103,750 | 103.4 |
Wilmington | 11 | 7 | 57.1 | $204,000 | $260,000 | -21.5 |
Crest Hill | 19 | 25 | -24 | $187,500 | $194,000 | -3.4 |
Braidwood | 17 | 9 | 88.9 | $185,000 | $197,900 | -6.5 |
Lakewood Falls | 1 | 2 | -50 | $180,000 | $237,050 | -24.1 |
Park Forest | 5 | 3 | 66.7 | $178,900 | $73,000 | 145.1 |
Custer Park | 2 | 1 | 100 | $170,000 | $125,000 | 36 |