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Sunday, November 24, 2024

Lisbon North home prices fall in the first half of 2019

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The median sale price of a home sold in the first half of 2019 in Lisbon North fell by $22,450 while total sales increased by 25%, according to BlockShopper.com.

From January through June of 2019, there were five homes sold, with a median sale price of $198,000 - a 10.2% decrease over the $220,450 median sale price for the same period of the previous year. There were four homes sold in Lisbon North in the first half of 2018.

The median sales tax in Lisbon North for the most recent year with available data, 2017, was $4,555, approximately 2.3% of the median home sale price for the first half of 2019.

The following table compares Lisbon North to other Grundy County cities with similar median sales prices in the first half of 2019:

CityJan. - June 2019 Home SalesJan. - June 2018 Home Sales% change (Total Home Sales)Jan. - June 2019 Median Sales PriceJan. - June 2018 Median Sales Price% change (Median Sales Price)
Verona34-25%$325,000$185,611.1275.1%
Channahon2127-22.2%$247,500$222,50011.2%
Diamond1019-47.4%$212,050$169,00025.5%
Minooka1028618.6%$211,000$175,00020.6%
Lisbon North5425%$198,000$220,450-10.2%
Morris123124-0.8%$180,000$175,0002.9%
Coal City4952-5.8%$164,900$164,5000.2%
Mazon14875%$152,500$163,500-6.7%
Gardner10100%$132,500$141,000-6%
Braceville516-68.8%$115,500$125,000-7.6%
South Wilmington36-50%$103,200$118,500-12.9%

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