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Grundy Reporter

Sunday, November 17, 2024

Rising home prices in Coal City (Grundy County) in the third quarter of 2021

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The median sale price of a home sold in the third quarter of 2021 in Coal City in Grundy County rose by $42,500 while total sales increased by 86.7%, according to BlockShopper.com.

From July through September of 2021, there were 56 homes sold, with a median sale price of $205,000 - a 26.2% increase over the $162,500 median sale price for the same period of the previous year. There were 30 homes sold in Coal City in the third quarter of 2020.

The median sales tax in Coal City for the most recent year with available data, 2018, was $3,467, approximately 1.7% of the median home sale price for the third quarter of 2021.

The following table compares Coal City to other Grundy County cities with similar median sale prices in the third quarter of 2021:

CityJuly - Sept. 2021 Home SalesJuly - Sept. 2020 Home Sales% change (Total Home Sales)July - Sept. 2021 Median Sales PriceJuly - Sept. 2020 Median Sales Price% change (Median Sales Price)
Lisbon North30-$295,000$0-
Diamond16156.7%$262,500$207,50026.5%
Morris1068524.7%$258,500$218,00018.6%
Minooka695330.2%$235,000$230,0002.2%
Verona31200%$230,000$680,000-66.2%
Coal City563086.7%$205,000$162,50026.2%
Braceville10742.9%$179,500$175,0002.6%
Carbon Hill42100%$175,000$162,5007.7%
Gardner134225%$136,000$146,250-7%
Mazon11757.1%$117,500$137,500-14.5%
South Wilmington48-50%$114,500$120,000-4.6%
* This story only considers sales data for the part of Coal City that is in Grundy County.

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