Quantcast

Grundy Reporter

Tuesday, November 5, 2024

South Wilmington home prices rise in the second quarter of 2017

Re 1

The median sale price of a home sold in the second quarter of 2017 in South Wilmington rose by $5,500 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

From April through June of 2017, there were three homes sold, with a median sale price of $40,000 - a 15.9% increase over the $34,500 median sale price for the same period of the previous year. There were three homes sold in South Wilmington in the second quarter of 2016, as well.

The median sales tax in South Wilmington for 2017 was $2,757.60. In 2016, the median sales tax was $2,870.60. This marks an decrease of 3.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 6.9%.

The following table compares South Wilmington 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-

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS