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Thursday, January 23, 2020

Braidwood home prices rise in January 2017

Real Estate

By Local Labs News Service | Feb 14, 2017

Realestate5

The median sale price of a home sold in January 2017 in Braidwood rose by $60,444 while total sales increased by 166.7%, according to BlockShopper.com.

In January 2017, there were eight homes sold, with a median sale price of $149,250 - a 68.1% increase over the $88,806 median sale price for the same period of the previous year. There were three homes sold in Braidwood in January 2016.

The median sales tax in Braidwood for 2017 was $2,571.70. In 2016, the median sales tax was $2,481.80. This marks an increase of 3.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.7%.

The following table compares Braidwood to other Will County cities with similar median sales prices in January 2017:

City
Jan. 2017 Home Sales
Jan. 2016 Home Sales
% change (Total Home Sales)
Jan. 2017 Median Sales Price
Jan. 2016 Median Sales Price
% change (Median Sales Price)
Romeoville
53
54
-1.9%
$160,000
$138,500
15.5%
Aurora
24
9
166.7%
$159,950
$192,000
-16.7%
Lakewood Falls
1
3
-66.7%
$155,500
$137,000
13.5%
Wheatland Plains
2
0
-
$150,500
$0
-
Crystal Lawns
1
1
0%
$149,900
$71,100
110.8%
Braidwood
8
3
166.7%
$149,250
$88,806
68.1%
Peotone
6
2
200%
$147,500
$150,500
-2%
Wilmington
6
5
20%
$141,500
$85,000
66.5%
Crest Hill
31
12
158.3%
$140,000
$110,000
27.3%
Joliet
173
119
45.4%
$138,000
$115,100
19.9%
Preston Heights
4
0
-
$135,000
$0
-

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