Will County Gazette

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Sunday, April 5, 2020

Braidwood home prices rise in January 2020

Real Estate

By Metric Media News Service | Feb 7, 2020

Re 9

The median sale price of a home sold in January 2020 in Braidwood rose by $9,050 while total sales remained unchanged with six homes sold, according to BlockShopper.com.

In January 2020, there were six homes sold, with a median sale price of $176,000 - a 5.4% increase over the $166,950 median sale price for the same period of the previous year. There were six homes sold in Braidwood in January 2019, as well.

The median sales tax in Braidwood for the most recent year with available data, 2018, was $2,627, approximately 1.5% of the median home sale price for January 2020.

The following table compares Braidwood to other Will County cities with similar median sales prices in January 2020:

City
Jan. 2020 Home Sales
Jan. 2019 Home Sales
% change (Total Home Sales)
Jan. 2020 Median Sales Price
Jan. 2019 Median Sales Price
% change (Median Sales Price)
Lockport
38
31
22.6%
$195,000
$235,000
-17%
Romeoville
40
26
53.8%
$191,250
$182,000
5.1%
Cherry Hill
1
0
-
$182,960
$0
-
Monee
5
2
150%
$179,900
$230,000
-21.8%
Crete
10
6
66.7%
$179,500
$226,500
-20.8%
Braidwood
6
6
0%
$176,000
$166,950
5.4%
Joliet
154
112
37.5%
$171,248.50
$161,250
6.2%
Crest Hill
21
10
110%
$170,000
$149,950
13.4%
Boula
1
0
-
$169,900
$0
-
Wilmington
6
5
20%
$168,250
$214,000
-21.4%
Beecher
4
3
33.3%
$157,500
$121,900
29.2%

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