Peter and Jessica Berger purchase 1015 Oak Drive, Beecher, appraised at $275,000

The home at 1015 Oak Drive, Beecher was sold on June 5 by John Bednarowicz for $275,000.

The buyers were Peter and Jessica Berger.

The property tax paid for this property in 2022 was $5,033. This is 1.8% of the sale price of the home.

This property is one of seven sales in Beecher (Will County) from May 5 to June 5.

This story was found on BlockShopper.com.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.