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Kankakee Times

Tuesday, November 26, 2024

Limestone home prices rise in the third quarter of 2018

Realestate1

The median sale price of a home sold in the third quarter of 2018 in Limestone rose by $11,000 while total sales remained unchanged with eight homes sold, according to BlockShopper.com.

From July through September of 2018, there were eight homes sold, with a median sale price of $163,000 - a 7.2% increase over the $152,000 median sale price for the same period of the previous year. There were eight homes sold in Limestone in the third quarter of 2017, as well.

The median sales tax in Limestone for the most recent year with available data, 2017, was $2,921.40, approximately 1.8% of the median home sale price for the third quarter of 2018.

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

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Bonfield68-25%$261,000$266,000-1.9%
Essex550%$222,500$157,50041.3%
Manteno3350-34%$195,000$164,00018.9%
Bourbonnais105110-4.5%$171,000$182,400-6.3%
Limestone880%$163,000$152,0007.2%
Grant Park814-42.9%$158,450$133,50018.7%
Bradley7688-13.6%$134,250$116,50015.2%
Herscher84100%$116,950$147,500-20.7%
Momence21210%$110,000$112,500-2.2%
St. Anne14-75%$107,000$44,750139.1%
Buckingham20-$106,861.50$0-

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