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Grundy Reporter

Sunday, December 22, 2024

Diamond (Grundy County) home prices fall in the first half of 2017

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The median sale price of a home sold in the first half of 2017 in Diamond in Grundy County fell by $5,000 while total sales increased by 25%, according to BlockShopper.com.

From January through June of 2017, there were 15 homes sold, with a median sale price of $195,000 - a 2.5% decrease over the $200,000 median sale price for the same period of the previous year. There were 12 homes sold in Diamond in the first half of 2016.

The median sales tax in Diamond for 2017 was $3,406. In 2016, the median sales tax was $3,273. This marks an increase of 4.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.7%.

The following table compares Diamond to other Grundy County cities in the first half of 2017:

CityJan. - June 2017 Home SalesJan. - June 2016 Home Sales% change (Total Home Sales)Jan. - June 2017 Median Sales PriceJan. - June 2016 Median Sales Price% change (Median Sales Price)
Channahon3032-6.3%$240,000$206,90016%
Diamond151225%$195,000$200,000-2.5%
Minooka95914.4%$185,000$178,0003.9%
Lisbon North220%$179,000$157,45013.7%
Morris12510617.9%$170,000$170,950-0.6%
Carbon Hill82300%$159,000$137,50015.6%
Coal City5865-10.8%$152,500$142,0007.4%
Mazon213600%$145,000$132,0009.8%
Gardner161414.3%$137,500$113,00021.7%
South Wilmington6520%$130,450$70,90084%
Braceville9580%$119,500$95,00025.8%
Verona00-$0$0-
* This story only considers sales data for the part of Diamond that is in Grundy County.

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