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Grundy Reporter

Tuesday, April 23, 2024

Coal City (Grundy County) home prices fall in the fourth quarter of 2018

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The median sale price of a home sold in the fourth quarter of 2018 in Coal City in Grundy County fell by $10,000 while total sales increased by 16.7%, according to BlockShopper.com.

From October through December of 2018, there were 35 homes sold, with a median sale price of $144,000 - a 6.5% decrease over the $154,000 median sale price for the same period of the previous year. There were 30 homes sold in Coal City in the fourth quarter of 2017.

The median sales tax in Coal City for the most recent year with available data, 2017, was $3,223, approximately 2.2% of the median home sale price for the fourth quarter of 2018.

The following table compares Coal City to other Grundy County cities in the fourth quarter of 2018:

CityOct. - Dec. 2018 Home SalesOct. - Dec. 2017 Home Sales% change (Total Home Sales)Oct. - Dec. 2018 Median Sales PriceOct. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Channahon1523-34.8%$245,000$265,000-7.5%
Diamond92350%$203,000$241,450-15.9%
Lisbon North24-50%$199,950$278,000-28.1%
Minooka46460%$176,750$209,750-15.7%
Morris6170-12.9%$175,000$173,9500.6%
Carbon Hill23-33.3%$145,650$142,5002.2%
Coal City353016.7%$144,000$154,000-6.5%
Mazon8714.3%$136,500$130,0005%
South Wilmington56-16.7%$133,500$74,00080.4%
Gardner510-50%$110,000$122,000-9.8%
Braceville550%$96,000$99,501-3.5%
Verona04-100%$0$126,000-100%
* This story only considers sales data for the part of Coal City that is in Grundy County.

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