Jeff Mrozek purchases 448 S. Second St., Peotone, appraised at $195,362

The home at 448 S. Second St., Peotone was sold on July 2 by Will County Sheriff for $195,362.

The buyer was Jeff Mrozek.

The property tax paid for this property in 2022 was $3,642. This is 1.9% of the sale price of the home.

This property is one of seven sales in Peotone (Will County) from June 2 to July 2.

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.