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Grundy Reporter

Thursday, April 25, 2024

Coal City (Grundy County) home prices fall in the second quarter of 2019

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The median sale price of a home sold in the second quarter of 2019 in Coal City in Grundy County fell by $17,500 while total sales increased by 12.1%, according to BlockShopper.com.

From April through June of 2019, there were 37 homes sold, with a median sale price of $162,500 - a 9.7% decrease over the $180,000 median sale price for the same period of the previous year. There were 33 homes sold in Coal City in the second quarter of 2018.

The median sales tax in Coal City for the most recent year with available data, 2017, was $3,223, approximately 2% of the median home sale price for the second quarter of 2019.

The following table compares Coal City to other Grundy County cities in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Verona24-50%$332,500$185,611.1279.1%
Channahon1517-11.8%$237,000$222,5006.5%
Minooka645320.8%$220,500$175,00026%
Morris8283-1.2%$200,750$170,00018.1%
Diamond412-66.7%$180,000$167,0007.8%
Lisbon North42100%$172,500$201,200-14.3%
Coal City373312.1%$162,500$180,000-9.7%
Mazon135160%$150,000$180,000-16.7%
Gardner8560%$137,500$133,0003.4%
Braceville38-62.5%$115,500$125,000-7.6%
South Wilmington13-66.7%$108,000$84,50027.8%
Carbon Hill02-100%$0$145,000-100%
* This story only considers sales data for the part of Coal City that is in Grundy County.

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