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Kankakee Times

Wednesday, April 24, 2024

Q2 real estate sales report: Bourbonnais

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Median prices rose in Bourbonnais over last year, and are down 9.2 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 94 homes sold in Bourbonnais for a median price of $173,750. That's 3.2 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, there were no foreclosures in Bourbonnais.

Median property tax for homeowners in Bourbonnais was $4,244.34 in 2017 according to tax data from that year. That means homeowners pay 2.5 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Bourbonnais real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
67
$191,295
-
2010
61
$189,240
-1.1%
2011
43
$197,750
4.5%
2012
71
$196,200
-0.8%
2013
87
$175,823
-10.4%
2014
99
$180,200
2.5%
2015
91
$164,300
-8.8%
2016
104
$182,438
11%
2017
93
$168,300
-7.7%
2018
94
$173,750
3.2%

Median property tax
Median sale price
Effective property tax rate
2009
$3,913.32
$191,295
2%
2010
$4,116.17
$189,240
2.2%
2011
$4,505.21
$197,750
2.3%
2012
$4,257.51
$196,200
2.2%
2013
$4,124.82
$175,823
2.3%
2014
$4,327.06
$180,200
2.4%
2015
$4,157.23
$164,300
2.5%
2016
$4,618.92
$182,438
2.5%
2017
$4,244.34
$168,300
2.5%

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