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Sunday, June 29, 2025

Home prices decreased in South Wilmington during the second half of 2020

Webp re 14

The median sale price of a home sold in the second half of 2020 in South Wilmington fell by $8,750 while total sales increased by 25%, according to BlockShopper.com.

From July through December of 2020, there were 10 homes sold, with a median sale price of $112,000 - a 7.2% decrease over the $120,750 median sale price for the same period of the previous year. There were eight homes sold in South Wilmington in the second half of 2019.

The median sales tax in South Wilmington for the most recent year with available data, 2018, was $2,698, approximately 2.4% of the median home sale price for the second half of 2020.

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

CityJuly - Dec. 2020 Home SalesJuly - Dec. 2019 Home Sales% change (Total Home Sales)July - Dec. 2020 Median Sales PriceJuly - Dec. 2019 Median Sales Price% change (Median Sales Price)
Channahon362733.3%$264,000$262,0000.8%
Minooka100964.2%$229,000$203,05012.8%
Morris156158-1.3%$220,000$194,00013.4%
Diamond261844.4%$219,750$185,561.5018.4%
Lisbon North23-33.3%$181,000$244,000-25.8%
Braceville112450%$170,000$147,75015.1%
Mazon913-30.8%$169,000$130,00030%
Coal City6471-9.9%$165,000$168,000-1.8%
Gardner11837.5%$134,900$95,662.5041%
Carbon Hill3250%$125,000$99,37525.8%
South Wilmington10825%$112,000$120,750-7.2%

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