Luis A. and Maria C. Garcia acquire 16936 S. Burr Oak Drive, Homer Glen, appraised at $850,000

The home at 16936 S. Burr Oak Drive, Homer Glen was sold on June 17 by Tomcazak Family Trust for $850,000.

The buyers were Luis A. and Maria C. Garcia.

The property tax paid for this property in 2022 was $13,270. This is 1.6% of the sale price of the home.

This property is one of 29 sales in Homer Glen (Will County) from May 17 to June 17.

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.