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Grundy Reporter

Thursday, April 18, 2024

Minooka (Grundy County) home prices rise in October 2017

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The median sale price of a home sold in October 2017 in Minooka in Grundy County rose by $20,938 while total sales decreased by 7.7%, according to BlockShopper.com.

In October 2017, there were 12 homes sold, with a median sale price of $165,938 - a 14.4% increase over the $145,000 median sale price for the same period of the previous year. There were 13 homes sold in Minooka in October 2016.

The median sales tax in Minooka for 2017 was $4,793. In 2016, the median sales tax was $4,560. This marks an increase of 5.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.9%.

The following table compares Minooka to other Grundy County cities with similar median sales prices in October 2017:

CityOct. 2017 Home SalesOct. 2016 Home Sales% change (Total Home Sales)Oct. 2017 Median Sales PriceOct. 2016 Median Sales Price% change (Median Sales Price)
Verona110%$414,745$336,50023.3%
Lisbon North10-$300,000$0-
Channahon5425%$283,900$229,00024%
Diamond110%$193,000$260,000-25.8%
Morris252213.6%$175,400$170,7502.7%
Minooka1213-7.7%$165,937.50$145,00014.4%
Carbon Hill12-50%$142,500$106,077.5034.3%
Coal City168100%$134,500$148,000-9.1%
Mazon31200%$125,000$165,000-24.2%
South Wilmington20-$108,250$0-
Gardner220%$105,000$106,000-0.9%
* This story only considers sales data for the part of Minooka that is in Grundy County.

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