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Illinois Valley Times

Sunday, June 29, 2025

Rising home prices in Braceville (Grundy County) in the fourth quarter of 2020

Webp realestate077

The median sale price of a home sold in the fourth quarter of 2020 in Braceville in Grundy County rose by $18,250 while total sales increased by 100%, according to BlockShopper.com.

From October through December of 2020, there were four homes sold, with a median sale price of $166,000 - a 12.4% increase over the $147,750 median sale price for the same period of the previous year. There were two homes sold in Braceville in the fourth quarter of 2019.

The median sales tax in Braceville for the most recent year with available data, 2018, was $3,056, approximately 1.8% of the median home sale price for the fourth quarter of 2020.

The following table compares Braceville 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%
* This story only considers sales data for the part of Braceville that is in Grundy County.

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