Stefan Mijatovic acquires 25559 S. May Court, Channahon, appraised at $290,000

The home at 25559 S. May Court, Channahon was sold on May 23 by Steinhouse (trust) for $290,000.

The buyer was Stefan Mijatovic.

The property tax paid for this property in 2022 was $6,065. This is 2.1% of the sale price of the home.

This property is one of nine sales in Channahon (Will County) from April 23 to May 23.

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.