Braidwood home prices rise in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Braidwood rose by $100 while total sales decreased by 9.1%, according to BlockShopper.com.

From July through September of 2020, there were 30 homes sold, with a median sale price of $160,000 - a 0.1% increase over the $159,900 median sale price for the same period of the previous year. There were 33 homes sold in Braidwood in the third quarter of 2019.

The median sales tax in Braidwood for the most recent year with available data, 2019, was $2,738, approximately 1.7% of the median home sale price for the third quarter of 2020.

The following table compares Braidwood to other Will County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Wolf Creek Island31200%$185,000$170,0008.8%
Wilton110%$180,000$32,500453.8%
Beecher2310130%$178,000$135,00031.9%
Lakewood Falls59-44.4%$175,000$168,5003.9%
Preston Heights440%$161,000$120,00034.2%
Braidwood3033-9.1%$160,000$159,9000.1%
Lincoln Estates330%$160,000$299,900-46.6%
Lakewood Shores28-75%$157,500$201,500-21.8%
Godley110%$144,000$40,000260%
Wilmington1322-40.9%$137,000$168,097.50-18.5%
Ingalls Park516-68.8%$136,000$112,20021.2%

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