From January through June of 2017, there were 18 homes sold, with a median sale price of $132,000. There were 11 homes sold in Limestone in the first half of 2016, and the median sales price for the period was also $132,000.
The median sales tax in Limestone for 2017 was $2,921. In 2016, the median sales tax was $2,832. This marks an increase of 3.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.2%.
The following table compares Limestone to other Kankakee County cities with similar median sales prices in the first half of 2017:
| City | Jan. - June 2017 Home Sales | Jan. - June 2016 Home Sales | % change (Total Home Sales) | Jan. - June 2017 Median Sales Price | Jan. - June 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Bonfield | 9 | 7 | 28.6% | $180,000 | $199,777 | -9.9% |
| Manteno | 87 | 65 | 33.8% | $180,000 | $165,000 | 9.1% |
| Grant Park | 16 | 16 | 0% | $173,750 | $120,500 | 44.2% |
| Essex | 8 | 4 | 100% | $165,000 | $227,500 | -27.5% |
| Bourbonnais | 146 | 160 | -8.8% | $163,200 | $166,750 | -2.1% |
| Limestone | 18 | 11 | 63.6% | $132,000 | $132,000 | 0% |
| Chebanse | 4 | 5 | -20% | $124,925 | $199,900 | -37.5% |
| Buckingham | 1 | 2 | -50% | $117,500 | $140,525 | -16.4% |
| Momence | 25 | 28 | -10.7% | $115,000 | $99,250 | 15.9% |
| Herscher | 14 | 8 | 75% | $114,500 | $130,000 | -11.9% |
| Bradley | 123 | 116 | 6% | $113,000 | $117,950 | -4.2% |
Alerts Sign-up