From January through December of 2017, there were four homes sold, with a median sale price of $151,500 - a 115.7% increase over the $70,250 median sale price for the previous year. There were 10 homes sold in Grand Ridge in 2016.
The median sales tax in Grand Ridge for 2017 was $2,546. In 2016, the median sales tax was $2,539. This marks an increase of 0.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.7%.
The following table compares Grand Ridge to other LaSalle County cities with similar median sales prices in 2017:
| City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Somonauk | 6 | 1 | 500% | $168,700 | $105,000 | 60.7% |
| North Utica | 20 | 16 | 25% | $165,000 | $165,500 | -0.3% |
| Serena | 9 | 7 | 28.6% | $162,500 | $160,000 | 1.6% |
| Dayton | 7 | 4 | 75% | $160,500 | $247,500 | -35.2% |
| Millington | 6 | 6 | 0% | $159,500 | $236,000 | -32.4% |
| Grand Ridge | 4 | 10 | -60% | $151,500 | $70,250 | 115.7% |
| Tonica | 10 | 20 | -50% | $150,000 | $130,500 | 14.9% |
| Seneca | 37 | 45 | -17.8% | $140,000 | $147,500 | -5.1% |
| Earlville | 20 | 34 | -41.2% | $126,500 | $122,000 | 3.7% |
| Leland | 19 | 24 | -20.8% | $120,000 | $141,450 | -15.2% |
| Ottawa | 327 | 308 | 6.2% | $107,500 | $119,725 | -10.2% |
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