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Grundy Reporter

Friday, April 26, 2024

Gardner 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 Gardner fell by $12,000 while total sales decreased by 50%, according to BlockShopper.com.

From October through December of 2018, there were five homes sold, with a median sale price of $110,000 - a 9.8% decrease over the $122,000 median sale price for the same period of the previous year. There were 10 homes sold in Gardner in the fourth quarter of 2017.

The median sales tax in Gardner for the most recent year with available data, 2017, was $2,864, approximately 2.6% of the median home sale price for the fourth quarter of 2018.

The following table compares Gardner 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%

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