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Saturday, November 23, 2024

Carbon Hill home prices rise in the second half of 2017

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The median sale price of a home sold in the second half of 2017 in Carbon Hill rose by $43,750 while total sales decreased by 33.3%, according to BlockShopper.com.

From July through December of 2017, there were four homes sold, with a median sale price of $163,750 - a 36.5% increase over the $120,000 median sale price for the same period of the previous year. There were six homes sold in Carbon Hill in the second half of 2016.

The median sales tax in Carbon Hill for 2017 was $2,329. In 2016, the median sales tax was $2,297. This marks an increase of 1.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.4%.

The following table compares Carbon Hill to other Grundy County cities with similar median sales prices in the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Lisbon North61500%$261,500$233,50012%
Diamond915-40%$252,000$257,000-1.9%
Channahon3640-10%$250,000$238,9504.6%
Minooka1219330.1%$199,999$185,0008.1%
Morris14813311.3%$177,000$161,0009.9%
Carbon Hill46-33.3%$163,750$120,00036.5%
Coal City56535.7%$152,250$156,000-2.4%
Mazon156150%$130,000$155,000-16.1%
Gardner1516-6.3%$125,000$110,00013.6%
Verona6450%$112,250$320,000-64.9%
Braceville12850%$92,568.50$106,000-12.7%

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