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Illinois Valley Times

Sunday, November 17, 2024

Gardner home prices fall in October 2017

Realestate3

The median sale price of a home sold in October 2017 in Gardner fell by $1,000 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In October 2017, there were two homes sold, with a median sale price of $105,000 - a 0.9% decrease over the $106,000 median sale price for the same period of the previous year. There were two homes sold in Gardner in October 2016, as well.

The median sales tax in Gardner for 2017 was $2,864. In 2016, the median sales tax was $3,004. This marks an decrease of 4.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.7%.

The following table compares Gardner to other Grundy County cities with similar median sales prices in October 2017:

CityOct. 2017 Home SalesOct. 2016 Home Sales% change (Total Home Sales)Oct. 2017 Median Sales PriceOct. 2016 Median Sales Price% change (Median Sales Price)
Lisbon North10-$300,000$0-
Channahon5425%$283,900$229,00024%
Diamond110%$193,000$260,000-25.8%
Morris252213.6%$175,400$170,7502.7%
Minooka1213-7.7%$165,937.50$145,00014.4%
Carbon Hill12-50%$142,500$106,077.5034.3%
Coal City168100%$134,500$148,000-9.1%
Mazon31200%$125,000$165,000-24.2%
South Wilmington20-$108,250$0-
Gardner220%$105,000$106,000-0.9%
Braceville31200%$99,501$85,00017.1%

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