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Tuesday, November 26, 2024

Grafton home prices rise in 2017

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The median sale price of a home sold in 2017 in Grafton rose by $35,500 while total sales decreased by 11.1%, according to BlockShopper.com.

From January through December of 2017, there were 16 homes sold, with a median sale price of $165,000 - a 27.4% increase over the $129,500 median sale price for the previous year. There were 18 homes sold in Grafton in 2016.

The median sales tax in Grafton for the most recent year with available data, 2016, was $3,227, approximately 2% of the median home sale price for 2017.

The following table compares Grafton to other Jersey County cities in 2017:

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Elsah16-83.3%$172,600$82,000110.5%
Grafton1618-11.1%$165,000$129,50027.4%
Brighton550%$99,800$70,00042.6%
Jerseyville134172-22.1%$76,500$75,0002%

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