Grundy Reporter

Grundy Reporter

Thursday, October 17, 2019

Gardner home prices fall in the first quarter of 2019

Real Estate

By Local Labs News Service | Apr 7, 2019


The median sale price of a home sold in the first quarter of 2019 in Gardner fell by $27,500 while total sales decreased by 60%, according to BlockShopper.com.

From January through March of 2019, there were two homes sold, with a median sale price of $127,500 - a 17.7% decrease over the $155,000 median sale price for the same period of the previous year. There were five homes sold in Gardner in the first quarter of 2018.

The median sales tax in Gardner for the most recent year with available data, 2017, was $2,864, approximately 2.2% of the median home sale price for the first quarter of 2019.

The following table compares Gardner to other Grundy County cities with similar median sales prices in the first quarter of 2019:

City
Jan. - Mar. 2019 Home Sales
Jan. - Mar. 2018 Home Sales
% change (Total Home Sales)
Jan. - Mar. 2019 Median Sales Price
Jan. - Mar. 2018 Median Sales Price
% change (Median Sales Price)
Diamond
6
7
-14.3%
$251,250
$180,000
39.6%
Lisbon North
1
2
-50%
$240,000
$226,000
6.2%
Minooka
38
33
15.2%
$190,500
$175,000
8.9%
Coal City
12
19
-36.8%
$180,000
$154,000
16.9%
Morris
40
41
-2.4%
$170,750
$185,000
-7.7%
Mazon
1
3
-66.7%
$156,000
$123,711
26.1%
Gardner
2
5
-60%
$127,500
$155,000
-17.7%
Verona
1
0
-
$115,000
$0
-
Braceville
2
8
-75%
$97,250
$127,000
-23.4%
Carbon Hill
1
2
-50%
$95,000
$134,000
-29.1%
South Wilmington
2
3
-33.3%
$64,462.50
$145,000
-55.5%

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