Michelle L Cheney buys 201 W. Sumner Ave., Peotone

The home at 201 W. Sumner Ave., Peotone was sold on Aug. 6 by Briscola LLC for $235,000.

The buyer was Michelle L Cheney.

The property tax paid for this property in 2022 was $3,363. This is 1.4% of the sale price of the home.

This property is one of seven sales in Peotone (Will County) from July 6 to Aug. 6.

This story was found on BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.