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Grundy Reporter

Wednesday, April 24, 2024

Channahon (Grundy County) home prices fall in the first half of 2018

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The median sale price of a home sold in the first half of 2018 in Channahon in Grundy County fell by $17,500 while total sales decreased by 10%, according to BlockShopper.com.

From January through June of 2018, there were 27 homes sold, with a median sale price of $222,500 - a 7.3% decrease over the $240,000 median sale price for the same period of the previous year. There were 30 homes sold in Channahon in the first half of 2017.

The median sales tax in Channahon for the most recent year with available data, 2017, was $6,446, approximately 2.9% of the median home sale price for the first half of 2018.

The following table compares Channahon to other Grundy County cities with similar median sales prices in the first half of 2018:

CityJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
Channahon2730-10%$222,500$240,000-7.3%
Lisbon North42100%$220,450$179,00023.2%
Verona40-$185,611.12$0-
Morris124125-0.8%$175,000$170,0002.9%
Minooka8695-9.5%$175,000$185,000-5.4%
Diamond191526.7%$169,000$195,000-13.3%
Coal City5258-10.3%$164,500$152,5007.9%
Mazon821-61.9%$163,500$145,00012.8%
Carbon Hill48-50%$145,000$159,000-8.8%
Gardner1016-37.5%$141,000$137,5002.5%
Braceville16977.8%$125,000$119,5004.6%
* This story only considers sales data for the part of Channahon that is in Grundy County.

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