Tony A. Brown sells V N. School Street, Braidwood

The home at V N. School Street, Braidwood was sold on May 16 by Tony A. Brown for $25,000.

The buyer was Joseph A. Alvarez.

The property tax paid for this property in 2022 was $564. This is 2.3% of the sale price of the home.

This property is one of nine sales in Braidwood (Will County) from April 16 to May 16.

This story was found on BlockShopper.com.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.