From January through December of 2017, there were five homes sold, with a median sale price of $143,000 - a 3.2% decrease over the $147,700 median sale price for the previous year. There were four homes sold in Grantfork in 2016.
The median sales tax in Grantfork for 2017 was $1,980. In 2016, the median sales tax was $1,992. This marks an decrease of 0.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.4%.
The following table compares Grantfork to other Madison County cities with similar median sales prices in 2017:
| City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Edwardsville | 483 | 535 | -9.7% | $180,000 | $173,000 | 4% |
| Worden | 40 | 37 | 8.1% | $168,500 | $79,000 | 113.3% |
| Troy | 245 | 194 | 26.3% | $167,000 | $162,500 | 2.8% |
| St. Jacob | 19 | 16 | 18.8% | $163,000 | $131,500 | 24% |
| Kendall Hill | 11 | 12 | -8.3% | $145,000 | $120,250 | 20.6% |
| Grantfork | 5 | 4 | 25% | $143,000 | $147,700 | -3.2% |
| Dorsey | 11 | 9 | 22.2% | $142,200 | $219,000 | -35.1% |
| Highland | 251 | 294 | -14.6% | $130,000 | $146,700 | -11.4% |
| Lakeview Acres | 6 | 5 | 20% | $127,950 | $134,000 | -4.5% |
| Marine | 13 | 30 | -56.7% | $125,000 | $129,050 | -3.1% |
| Hamel | 17 | 16 | 6.3% | $125,000 | $141,500 | -11.7% |
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