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Grundy Reporter

Friday, April 26, 2024

Coal City (Grundy County) home prices rise in March 2017

Realestate1

The median sale price of a home sold in March 2017 in Coal City in Grundy County rose by $15,000 while total sales remained unchanged with nine homes sold, according to BlockShopper.com.

In March 2017, there were nine homes sold, with a median sale price of $155,000 - a 10.7% increase over the $140,000 median sale price for the same period of the previous year. There were nine homes sold in Coal City in March 2016, as well.

The median sales tax in Coal City for 2017 was $3,223. In 2016, the median sales tax was $3,073. This marks an increase of 4.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.1%.

The following table compares Coal City to other Grundy County cities in March 2017:

CityMar. 2017 Home SalesMar. 2016 Home Sales% change (Total Home Sales)Mar. 2017 Median Sales PriceMar. 2016 Median Sales Price% change (Median Sales Price)
Channahon45-20%$208,500$155,00034.5%
Morris201625%$171,750$166,7503%
Diamond21100%$157,500$298,000-47.1%
Coal City990%$155,000$140,00010.7%
Minooka171241.7%$149,000$155,000-3.9%
Mazon20-$121,000$0-
Carbon Hill21100%$117,450$85,00038.2%
Braceville21100%$29,000$156,500-81.5%
South Wilmington00-$0$0-
Verona00-$0$0-
Gardner02-100%$0$102,500-100%
Lisbon North01-100%$0$181,900-100%
* This story only considers sales data for the part of Coal City that is in Grundy County.

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