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Grundy Reporter

Thursday, April 25, 2024

Lisbon North home prices rise 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 Lisbon North rose by $21,550 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

From January through June of 2017, there were two homes sold, with a median sale price of $179,000 - a 13.7% increase over the $157,450 median sale price for the same period of the previous year. There were two homes sold in Lisbon North in the first half of 2016, as well.

The median sales tax in Lisbon North for 2017 was $4,555. In 2016, the median sales tax was $4,416. This marks an increase of 3.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.5%.

The following table compares Lisbon North 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-

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