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Grundy Reporter

Thursday, April 18, 2024

South Wilmington home prices fall in the fourth quarter of 2019

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The median sale price of a home sold in the fourth quarter of 2019 in South Wilmington fell by $17,000 while total sales decreased by 40%, according to BlockShopper.com.

From October through December of 2019, there were three homes sold, with a median sale price of $116,500 - a 12.7% decrease over the $133,500 median sale price for the same period of the previous year. There were five homes sold in South Wilmington in the fourth quarter of 2018.

The median sales tax in South Wilmington for the most recent year with available data, 2018, was $2,698, approximately 2.3% of the median home sale price for the fourth quarter of 2019.

The following table compares South Wilmington to other Grundy County cities in the fourth quarter of 2019:

CityOct. - Dec. 2019 Home SalesOct. - Dec. 2018 Home Sales% change (Total Home Sales)Oct. - Dec. 2019 Median Sales PriceOct. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Lisbon North3250%$244,000$199,95022%
Minooka3746-19.6%$195,000$176,75010.3%
Morris67619.8%$192,000$175,0009.7%
Diamond79-22.2%$187,000$203,000-7.9%
Channahon615-60%$186,750$245,000-23.8%
Coal City36352.9%$161,500$144,00012.2%
Braceville25-60%$147,750$96,00053.9%
Mazon48-50%$127,500$136,500-6.6%
South Wilmington35-40%$116,500$133,500-12.7%
Carbon Hill12-50%$108,750$145,650-25.3%
Gardner45-20%$95,662.50$110,000-13%
Verona00-$0$0-

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