Quantcast

Illinois Valley Times

Sunday, June 29, 2025

Home prices decreased in South Wilmington during the fourth quarter of 2020

Webp realestate3

Adobe Stock

Adobe Stock

The median sale price of a home sold in the fourth quarter of 2020 in South Wilmington fell by $46,392 while total sales decreased by 33.3%, according to BlockShopper.com.

From October through December of 2020, there were two homes sold, with a median sale price of $70,109 - a 39.8% decrease over the $116,500 median sale price for the same period of the previous year. There were three homes sold in South Wilmington in the fourth quarter of 2019.

The median sales tax in South Wilmington for the most recent year with available data, 2018, was $2,698, approximately 3.8% of the median home sale price for the fourth quarter of 2020.

The following table compares South Wilmington to other Grundy County cities with similar median sale prices in the fourth quarter of 2020:

CityOct. - Dec. 2020 Home SalesOct. - Dec. 2019 Home Sales% change (Total Home Sales)Oct. - Dec. 2020 Median Sales PriceOct. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Diamond11757.1%$280,000$187,00049.7%
Mazon24-50%$267,500$127,500109.8%
Minooka473727%$228,000$195,00016.9%
Morris71676%$224,000$192,00016.7%
Verona10-$205,000$0-
Lisbon North23-33.3%$181,000$244,000-25.8%
Coal City3436-5.6%$177,500$161,5009.9%
Braceville42100%$166,000$147,75012.4%
Gardner7475%$131,500$95,662.5037.5%
Carbon Hill110%$121,000$108,75011.3%
South Wilmington23-33.3%$70,108.50$116,500-39.8%

MORE NEWS