Brian and Kimberly Tipton purchase 50 Dinosaur Road, Braidwood, appraised at $5,000

The home at 50 Dinosaur Road, Braidwood was sold on June 9 by Michael Hibma for $5,000.

The buyers were Brian and Kimberly Tipton.

The property tax paid for this property in 2022 was $896. This is 17.9% of the sale price of the home.

This property is one of nine sales in Braidwood (Will County) from May 9 to June 9.

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.