January 2021: Home prices in Braidwood fell

Medium realestate077

The median sale price of a home sold in January 2021 in Braidwood fell by $26,000 while total sales decreased by 33.3%, according to BlockShopper.com.

In January 2021, there were four homes sold, with a median sale price of $150,000 - a 14.8% decrease over the $176,000 median sale price for the same period of the previous year. There were six homes sold in Braidwood in January 2020.

The median sales tax in Braidwood for the most recent year with available data, 2019, was $2,738, approximately 1.8% of the median home sale price for January 2021.

The following table compares Braidwood to other Will County cities with similar median sale prices in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Joliet19115424%$195,000$171,248.5013.9%
Elwood440%$190,750$212,750-10.3%
Wilmington8633.3%$182,250$168,2508.3%
Custer Park20-$162,500$0-
Crest Hill262123.8%$152,500$170,000-10.3%
Braidwood46-33.3%$150,000$176,000-14.8%
Rockdale3250%$140,000$113,15023.7%
Lakewood Shores10-$138,000$0-
Peotone5425%$135,500$216,950-37.5%
Fairmont24-50%$118,500$126,000-6%
Lakewood Falls12-50%$118,000$206,450-42.8%

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