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The original item was published from 1/27/2020 9:55:41 AM to 2/10/2020 12:00:02 AM.

News Flash

Village Miscellaneous

Posted on: February 2, 2020

[ARCHIVED] Romeoville Home Prices Jump 9% in Last Year

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According to a January article on Crain’s Chicago Business, Romeoville experienced a 9% increase in home prices in 2019, one of the largest increases in the Will County and DuPage County communities that were detailed in the report.

 “This report confirms what we’ve long believed in Romeoville: our community continues to be a desirable place to live,” explained Mayor John Noak.

Romeoville continues to develop the community through projects like decorative street lighting, park improvements, and the addition of a Metra station. They also offer incentive based opportunities like the Romeoville Reinvestment Program to encourage homeowners to improve their homes and properties. The hope is these efforts have a positive effect on home prices. Data is based on the sale prices of homes in each community. At least 25 homes in a community must have been sold in 2019 to be included in the report.

               

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