Quantcast

Illinois Valley Times

Tuesday, November 19, 2024

Diamond (Grundy County) home prices fall in August 2017

Re 5

The median sale price of a home sold in August 2017 in Diamond in Grundy County fell by $16,000 while total sales decreased by 20%, according to BlockShopper.com.

In August 2017, there were four homes sold, with a median sale price of $246,000 - a 6.1% decrease over the $262,000 median sale price for the same period of the previous year. There were five homes sold in Diamond in August 2016.

The median sales tax in Diamond for 2017 was $3,406. In 2016, the median sales tax was $3,273. 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 1.4%.

The following table compares Diamond to other Grundy County cities in August 2017:

CityAug. 2017 Home SalesAug. 2016 Home Sales% change (Total Home Sales)Aug. 2017 Median Sales PriceAug. 2016 Median Sales Price% change (Median Sales Price)
Lisbon North10-$267,000$0-
Channahon414-71.4%$248,000$252,886-1.9%
Diamond45-20%$246,000$262,000-6.1%
Coal City12850%$221,000$153,50044%
Minooka361989.5%$194,000$180,0007.8%
Morris24240%$153,000$156,750-2.4%
Gardner37-57.1%$128,000$105,00021.9%
South Wilmington20-$105,500$0-
Mazon21100%$98,000$125,000-21.6%
Braceville330%$85,636$123,000-30.4%
Verona01-100%$0$325,000-100%
Carbon Hill01-100%$0$75,000-100%
* This story only considers sales data for the part of Diamond that is in Grundy County.

MORE NEWS