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Will County Gazette

Sunday, November 24, 2024

Braidwood home prices rise in May 2019

Re 5

The median sale price of a home sold in May 2019 in Braidwood rose by $33,000 while total sales decreased by 36.4%, according to BlockShopper.com.

In May 2019, there were seven homes sold, with a median sale price of $195,000 - a 20.4% increase over the $162,000 median sale price for the same period of the previous year. There were 11 homes sold in Braidwood in May 2018.

The median sales tax in Braidwood for the most recent year with available data, 2018, was $2,627, approximately 1.3% of the median home sale price for May 2019.

The following table compares Braidwood to other Will County cities with similar median sales prices in May 2019:

CityMay 2019 Home SalesMay 2018 Home Sales% change (Total Home Sales)May 2019 Median Sales PriceMay 2018 Median Sales Price% change (Median Sales Price)
Bolingbrook5885-31.8%$219,000$222,000-1.4%
Preston Heights110%$213,000$135,00057.8%
Beecher29-77.8%$210,875$190,00011%
Willowbrook3250%$210,000$242,500-13.4%
Lockport3555-36.4%$208,500$200,0004.3%
Braidwood711-36.4%$195,000$162,00020.4%
Elwood47-42.9%$194,750$181,0007.6%
Lincolnwood Hills20-$193,850$0-
Crystal Lawns25-60%$192,000$183,0004.9%
Joliet147182-19.2%$188,000$175,0007.4%
Romeoville5360-11.7%$185,000$185,500-0.3%

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