Jerry and Rhonda Lacorte acquire 16505 S. Wilson Lane, Plainfield, appraised at $565,485

The home at 16505 S. Wilson Lane, Plainfield was sold on July 3 by Silverthorne Development Co. for $565,485.

The buyers were Jerry and Rhonda Lacorte.

The property tax paid for this property in 2022 was $477. This is 0.1% of the sale price of the home.

This property is one of 48 sales in Plainfield (Will County) from June 3 to July 3.

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.