Falling home prices in Braidwood in April 2021

Medium realestate3

The median sale price of a home sold in April 2021 in Braidwood fell by $17,950 while total sales decreased by 16.7%, according to BlockShopper.com.

In April 2021, there were five homes sold, with a median sale price of $155,000 - a 10.4% decrease over the $172,950 median sale price for the same period of the previous year. There were six homes sold in Braidwood in April 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 April 2021.

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

CityApr. 2021 Home SalesApr. 2020 Home Sales% change (Total Home Sales)Apr. 2021 Median Sales PriceApr. 2020 Median Sales Price% change (Median Sales Price)
Lakewood Falls13-66.7%$180,000$214,900-16.2%
Peotone3250%$175,000$160,5009%
Beecher13-66.7%$173,000$175,000-1.1%
Crete191090%$170,000$164,0003.7%
Wellington Heights20-$167,500$0-
Braidwood56-16.7%$155,000$172,950-10.4%
Wilmington770%$148,000$205,000-27.8%
Ingalls Park4333.3%$142,500$121,00017.8%
Crystal Lawns23-33.3%$116,500$182,000-36%
Steger5366.7%$110,000$75,90044.9%
Ridgewood20-$97,500$0-

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