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Will County Gazette

Thursday, April 25, 2024

Q2 real estate sales report: Braidwood

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Median prices declined in Braidwood over last year, and are up 12.6 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 28 homes sold in Braidwood for a median price of $154,000. That's 0.7 percent lower than median home sale prices for the second quarter of 2017.

In the second quarter, there were no foreclosures in Braidwood.

Median property tax for homeowners in Braidwood was $3,275.77 in 2017 according to tax data from that year. That means homeowners pay 2.1 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Braidwood real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
21
$136,744
-
2010
27
$141,380
3.4%
2011
17
$131,645
-6.9%
2012
33
$114,423
-13.1%
2013
36
$86,346
-24.5%
2014
50
$124,976
44.7%
2015
23
$111,300
-10.9%
2016
27
$103,426
-7.1%
2017
21
$155,040
49.9%
2018
28
$154,000
-0.7%

Median property tax
Median sale price
Effective property tax rate
2010
$3,061.62
$141,380
2.2%
2011
$3,275.25
$131,645
2.5%
2012
$3,091.56
$114,423
2.7%
2013
$2,391.77
$86,346
2.8%
2014
$2,671.80
$124,976
2.1%
2015
$2,903.82
$111,300
2.6%
2016
$3,036.97
$103,426
2.9%
2017
$3,275.77
$155,040
2.1%

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