Braidwood, IL, Real Estate
Braidwood, Illinois, is a small city located in Will County, approximately 60 miles southwest of Chicago. With a population of around 6,200, it offers a quiet, small-town atmosphere while remaining close to urban amenities. Originally a coal-mining community founded in the 19th century, Braidwood has evolved into a residential area with a rich history and a tight-knit community. The city is known for its proximity to outdoor recreational spots like the Mazonia-Braidwood State Fish and Wildlife Area, popular for fishing, hunting, and hiking. Its charming downtown, annual events, and friendly vibe make Braidwood a hidden gem in northeastern Illinois.
Braidwood currently has 26 single family homes for sale with an average list price of $284,154.81, 2 townhouses for sale with an average list price of $357,400, and 12 lots for sale with an average list price of $659,962.50. The average annual property tax for Braidwood is $3,242.55.
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Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Braidwood, i.e. what's hot and what's not.
See What's Hot & What's Not in Braidwood
Market Trends
Braidwood home sales for the month of August stayed the same in volume when compared to last year, while the median sale price rose by 23.3% from $253,500 to $312,500. House sales stayed the same, while the median sale price rose by 26% from $250,000 to $315,000. Condo sales stayed the same, while the median sale price stayed the same.
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109
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99
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56
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68
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| 2021 | 2022 | 2023 | 2024 |
| # of sales per year | |||
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$200,000
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$210,000
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$258,500
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$268,000
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| 2021 | 2022 | 2023 | 2024 |
| median sale price per year | |||
Median Sale Price for Braidwood
Number of Sales for Braidwood
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