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Saturday, November 30, 2024

Manteno home prices rise in the first half of 2018

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The median sale price of a home sold in the first half of 2018 in Manteno rose by $14,500 while total sales decreased by 18.4%, according to BlockShopper.com.

From January through June of 2018, there were 71 homes sold, with a median sale price of $194,500 - a 8.1% increase over the $180,000 median sale price for the same period of the previous year. There were 87 homes sold in Manteno in the first half of 2017.

The median sales tax in Manteno for the most recent year with available data, 2017, was $5,360, approximately 2.8% of the median home sale price for the first half of 2018.

The following table compares Manteno to other Kankakee County cities with similar median sales prices in the first half of 2018:

CityJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
Bonfield49-55.6%$222,500$180,00023.6%
Manteno7187-18.4%$194,500$180,0008.1%
Essex38-62.5%$188,000$165,00013.9%
Bourbonnais138146-5.5%$170,000$163,2004.2%
Grant Park191618.8%$167,000$173,750-3.9%
Herscher1014-28.6%$144,950$114,50026.6%
Reddick13-66.7%$140,000$52,500166.7%
Chebanse5425%$137,000$124,9259.7%
Bradley1241230.8%$124,900$113,00010.5%
Limestone818-55.6%$117,500$132,000-11%
Momence282512%$108,500$115,000-5.7%

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