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Grundy Reporter

Friday, November 22, 2024

Diamond (Grundy County) home prices rise in May 2017

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The median sale price of a home sold in May 2017 in Diamond in Grundy County rose by $20,750 while total sales increased by 100%, according to BlockShopper.com.

In May 2017, there were six homes sold, with a median sale price of $259,750 - a 8.7% increase over the $239,000 median sale price for the same period of the previous year. There were three homes sold in Diamond in May 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 1.3%.

The following table compares Diamond to other Grundy County cities in May 2017:

CityMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
Diamond63100%$259,750$239,0008.7%
Channahon550%$230,000$200,00015%
Minooka201266.7%$177,000$183,050-3.3%
Coal City16156.7%$167,500$143,00017.1%
Gardner31200%$165,000$135,00022.2%
Mazon40-$145,500$0-
Morris18180%$129,250$181,750-28.9%
Braceville20-$124,000$0-
South Wilmington21100%$25,000$10,000150%
Verona00-$0$0-
Carbon Hill00-$0$0-
Lisbon North00-$0$0-
* This story only considers sales data for the part of Diamond that is in Grundy County.

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