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Illinois Valley Times

Saturday, November 23, 2024

Diamond (Grundy County) home prices fall 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 Diamond in Grundy County fell by $117,250 while total sales decreased by 20%, according to BlockShopper.com.

From January through March of 2017, there were four homes sold, with a median sale price of $166,750 - a 41.3% decrease over the $284,000 median sale price for the same period of the previous year. There were five homes sold in Diamond in the first quarter of 2016.

The median sales tax in Diamond for 2017 was $3,405.95. In 2016, the median sales tax was $3,272.70. This marks an increase of 4.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2%.

The following table compares Diamond 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 Diamond that is in Grundy County.

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