From July through December of 2017, there were two homes sold, with a median sale price of $6,728 - a 34.6% increase over the $5,000 median sale price for the same period of the previous year. There were three homes sold in Grand Tower in the second half of 2016.
The median sales tax in Grand Tower for 2017 was $184. In 2016, the median sales tax was $184, as well. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.7%.
The following table compares Grand Tower to other Jackson County cities in the second half of 2017:
| City | July - Dec. 2017 Home Sales | July - Dec. 2016 Home Sales | % change (Total Home Sales) | July - Dec. 2017 Median Sales Price | July - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Makanda | 11 | 5 | 120% | $177,000 | $132,000 | 34.1% |
| Carbondale | 113 | 107 | 5.6% | $112,000 | $115,000 | -2.6% |
| Elkville | 4 | 4 | 0% | $77,000 | $60,500 | 27.3% |
| Murphysboro | 71 | 80 | -11.3% | $76,000 | $65,000 | 16.9% |
| De Soto | 13 | 5 | 160% | $64,000 | $77,100 | -17% |
| Ava | 4 | 8 | -50% | $57,500 | $50,500 | 13.9% |
| Vergennes | 4 | 2 | 100% | $41,500 | $84,500 | -50.9% |
| Harrison | 8 | 1 | 700% | $37,000 | $67,900 | -45.5% |
| Dowell | 1 | 1 | 0% | $34,000 | $18,000 | 88.9% |
| Campbell Hill | 2 | 0 | - | $22,500 | $0 | - |
| Grand Tower | 2 | 3 | -33.3% | $6,727.50 | $5,000 | 34.6% |
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