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Grundy Reporter

Tuesday, November 5, 2024

Coal City (Grundy County) home prices fall in April 2017

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The median sale price of a home sold in April 2017 in Coal City in Grundy County fell by $3,500 while total sales decreased by 50%, according to BlockShopper.com.

In April 2017, there were seven homes sold, with a median sale price of $122,000 - a 2.8% decrease over the $125,500 median sale price for the same period of the previous year. There were 14 homes sold in Coal City in April 2016.

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 2.6%.

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

CityApr. 2017 Home SalesApr. 2016 Home Sales% change (Total Home Sales)Apr. 2017 Median Sales PriceApr. 2016 Median Sales Price% change (Median Sales Price)
Channahon330%$215,900$231,000-6.5%
Lisbon North10-$213,000$0-
Morris221283.3%$208,500$231,000-9.7%
Diamond110%$155,000$160,000-3.1%
Minooka1623-30.4%$154,950$196,000-20.9%
Braceville10-$144,900$0-
Mazon62200%$136,000$192,500-29.4%
Gardner51400%$129,000$200,000-35.5%
Coal City714-50%$122,000$125,500-2.8%
South Wilmington110%$118,000$70,90066.4%
Verona00-$0$0-
Carbon Hill00-$0$0-
* This story only considers sales data for the part of Coal City that is in Grundy County.

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