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Saturday, November 30, 2024

Chebanse home prices rise in the second quarter of 2018

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The median sale price of a home sold in the second quarter of 2018 in Chebanse rose by $72,850 while total sales decreased by 33.3%, according to BlockShopper.com.

From April through June of 2018, there were two homes sold, with a median sale price of $202,750 - a 56.1% increase over the $129,900 median sale price for the same period of the previous year. There were three homes sold in Chebanse in the second quarter of 2017.

The median sales tax in Chebanse for the most recent year with available data, 2017, was $3,228.80, approximately 1.6% of the median home sale price for the second quarter of 2018.

The following table compares Chebanse to other Kankakee County cities with similar median sales prices in the second quarter of 2018:

CityApr. - June 2018 Home SalesApr. - June 2017 Home Sales% change (Total Home Sales)Apr. - June 2018 Median Sales PriceApr. - June 2017 Median Sales Price% change (Median Sales Price)
Bonfield28-75%$285,000$169,50068.1%
Chebanse23-33.3%$202,750$129,90056.1%
Manteno4858-17.2%$189,000$225,000-16%
Essex27-71.4%$173,950$185,000-6%
Bourbonnais94931.1%$173,750$165,0005.3%
Herscher59-44.4%$149,900$121,00023.9%
Grant Park12119.1%$142,750$197,000-27.5%
Reddick10-$140,000$0-
Limestone611-45.5%$131,250$139,000-5.6%
Bradley77718.5%$124,900$132,000-5.4%
Momence171421.4%$110,000$117,000-6%

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