Median home prices in Verona fell to $230,000 in the second half of 2021

Median home prices in Verona fell to 0,000 in the second half of 2021
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The median sale price of a home sold in the second half of 2021 in Verona fell by $212,500 while total sales increased by 50%, according to BlockShopper.com.

From July through December of 2021, there were three homes sold, with a median sale price of $230,000 – a 48% decrease over the $442,500 median sale price for the same period of the previous year. There were two homes sold in Verona in the second half of 2020.

The median sales tax in Verona for the most recent year with available data, 2018, was $3,456, approximately 1.5% of the median home sale price for the second half of 2021.

The following table compares Verona to other Grundy County cities with similar median sale prices in the second half of 2021:

City July – Dec. 2021 Home Sales July – Dec. 2020 Home Sales % change (Total Home Sales) July – Dec. 2021 Median Sales Price July – Dec. 2020 Median Sales Price % change (Median Sales Price)
Channahon 29 36 -19.4% $335,000 $264,000 26.9%
Lisbon North 4 2 100% $287,500 $181,000 58.8%
Diamond 19 26 -26.9% $250,000 $219,750 13.8%
Morris 143 156 -8.3% $240,000 $220,000 9.1%
Minooka 84 100 -16% $232,500 $229,000 1.5%
Verona 3 2 50% $230,000 $442,500 -48%
Coal City 82 64 28.1% $202,500 $165,000 22.7%
Braceville 15 11 36.4% $192,000 $170,000 12.9%
Carbon Hill 6 3 100% $175,000 $125,000 40%
Gardner 16 11 45.5% $140,750 $134,900 4.3%
Mazon 12 9 33.3% $116,250 $169,000 -31.2%


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