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Saturday, November 23, 2024

Minooka (Grundy County) home prices rise in the first quarter of 2017

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The median sale price of a home sold in the first quarter of 2017 in Minooka in Grundy County rose by $4,300 while total sales decreased by 24.3%, according to BlockShopper.com.

From January through March of 2017, there were 28 homes sold, with a median sale price of $166,750 - a 2.6% increase over the $162,450 median sale price for the same period of the previous year. There were 37 homes sold in Minooka in the first quarter of 2016.

The median sales tax in Minooka for 2017 was $4,793.06. In 2016, the median sales tax was $4,559.50. This marks an increase of 5.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.9%.

The following table compares Minooka to other Grundy County cities in the first quarter of 2017:

CityJan. - Mar. 2017 Home SalesJan. - Mar. 2016 Home Sales% change (Total Home Sales)Jan. - Mar. 2017 Median Sales PriceJan. - Mar. 2016 Median Sales Price% change (Median Sales Price)
Channahon814-42.9%$234,000$187,27524.9%
Gardner49-55.6%$211,500$105,000101.4%
Morris45434.7%$170,000$157,5007.9%
Minooka2837-24.3%$166,750$162,4502.6%
Diamond45-20%$166,750$284,000-41.3%
Carbon Hill52150%$155,000$137,50012.7%
South Wilmington3250%$154,000$143,7507.1%
Coal City25244.2%$153,000$143,2506.8%
Mazon70-$147,900$0-
Braceville4333.3%$60,000$95,000-36.8%
Verona00-$0$0-
Lisbon North02-100%$0$157,450-100%
* This story only considers sales data for the part of Minooka that is in Grundy County.

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