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Grundy Reporter

Tuesday, November 5, 2024

Braceville (Grundy County) home prices rise in the second quarter of 2017

Realestate1

The median sale price of a home sold in the second quarter of 2017 in Braceville in Grundy County rose by $49,750 while total sales increased by 150%, according to BlockShopper.com.

From April through June of 2017, there were five homes sold, with a median sale price of $137,500 - a 56.7% increase over the $87,750 median sale price for the same period of the previous year. There were two homes sold in Braceville in the second quarter of 2016.

The median sales tax in Braceville for 2017 was $2,930.78. In 2016, the median sales tax was $2,852.60. This marks an increase of 2.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.1%.

The following table compares Braceville to other Grundy County cities in the second quarter of 2017:

CityApr. - June 2017 Home SalesApr. - June 2016 Home Sales% change (Total Home Sales)Apr. - June 2017 Median Sales PriceApr. - June 2016 Median Sales Price% change (Median Sales Price)
Channahon221822.2%$242,500$230,5005.2%
Minooka675424.1%$205,000$185,55010.5%
Diamond11757.1%$200,000$175,00014.3%
Lisbon North20-$179,000$0-
Morris806327%$172,500$179,500-3.9%
Carbon Hill30-$162,000$0-
Coal City3341-19.5%$152,000$142,0007%
Mazon143366.7%$140,500$132,0006.4%
Gardner125140%$137,500$135,0001.9%
Braceville52150%$137,500$87,75056.7%
South Wilmington330%$40,000$34,50015.9%
Verona00-$0$0-
* This story only considers sales data for the part of Braceville that is in Grundy County.

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