From January through December of 2017, there were three homes sold, with a median sale price of $7,455 - a 65.5% decrease over the $21,625 median sale price for the previous year. There were four homes sold in Grand Tower in 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 2.5%.
The following table compares Grand Tower to other Jackson County cities 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) |
|---|---|---|---|---|---|---|
| Makanda | 19 | 11 | 72.7% | $233,000 | $139,000 | 67.6% |
| Carbondale | 199 | 206 | -3.4% | $108,000 | $104,000 | 3.8% |
| Vergennes | 6 | 3 | 100% | $100,000 | $92,000 | 8.7% |
| Ava | 13 | 16 | -18.8% | $75,000 | $62,500 | 20% |
| Elkville | 13 | 9 | 44.4% | $74,000 | $50,000 | 48% |
| Harrison | 16 | 4 | 300% | $69,750 | $46,450 | 50.2% |
| Murphysboro | 143 | 156 | -8.3% | $67,500 | $64,000 | 5.5% |
| De Soto | 20 | 17 | 17.6% | $63,000 | $52,900 | 19.1% |
| Dowell | 2 | 5 | -60% | $37,000 | $15,000 | 146.7% |
| Campbell Hill | 4 | 1 | 300% | $35,000 | $20,000 | 75% |
| Grand Tower | 3 | 4 | -25% | $7,455 | $21,625 | -65.5% |
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