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Grundy Reporter

Saturday, November 23, 2024

South Wilmington home prices fall in October 2018

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The median sale price of a home sold in October 2018 in South Wilmington fell by $8,250 while total sales increased by 50%, according to BlockShopper.com.

In October 2018, there were three homes sold, with a median sale price of $100,000 - a 7.6% decrease over the $108,250 median sale price for the same period of the previous year. There were two homes sold in South Wilmington in October 2017.

The median sales tax in South Wilmington for the most recent year with available data, 2017, was $2,758, approximately 2.8% of the median home sale price for October 2018.

The following table compares South Wilmington to other Grundy County cities in October 2018:

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Channahon7540%$278,000$283,900-2.1%
Diamond41300%$256,250$193,00032.8%
Minooka191258.3%$177,000$165,937.506.7%
Coal City1416-12.5%$171,500$134,50027.5%
Morris2325-8%$165,000$175,400-5.9%
Lisbon North110%$150,000$300,000-50%
Braceville330%$129,000$99,50129.6%
Mazon4333.3%$122,125$125,000-2.3%
Gardner3250%$120,000$105,00014.3%
South Wilmington3250%$100,000$108,250-7.6%
Verona01-100%$0$414,745-100%
Carbon Hill01-100%$0$142,500-100%

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