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Metro East Sun

Tuesday, November 26, 2024

Grafton home prices fall in the second half of 2017

Realestate077

The median sale price of a home sold in the second half of 2017 in Grafton fell by $12,500 while total sales decreased by 25%, according to BlockShopper.com.

From July through December of 2017, there were nine homes sold, with a median sale price of $117,000 - a 9.7% decrease over the $129,500 median sale price for the same period of the previous year. There were 12 homes sold in Grafton in the second half of 2016.

The median sales tax in Grafton for the most recent year with available data, 2016, was $3,227, approximately 2.8% of the median home sale price for the second half of 2017.

The following table compares Grafton to other Jersey County cities in the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Elsah14-75%$172,600$121,95041.5%
Grafton912-25%$117,000$129,500-9.7%
Brighton330%$104,000$70,00048.6%
Jerseyville6490-28.9%$76,500$73,5004.1%

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