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Sunday, November 24, 2024

South Wilmington 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 South Wilmington fell by $15,300 while total sales decreased by 50%, according to BlockShopper.com.

From January through June of 2019, there were three homes sold, with a median sale price of $103,200 - a 12.9% decrease over the $118,500 median sale price for the same period of the previous year. There were six homes sold in South Wilmington in the first half of 2018.

The median sales tax in South Wilmington for the most recent year with available data, 2017, was $2,758, approximately 2.7% of the median home sale price for the first half of 2019.

The following table compares South Wilmington 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)
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%
Carbon Hill14-75%$95,000$145,000-34.5%

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