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Saturday, April 20, 2024

Bonfield home prices rise in the second half of 2018

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The median sale price of a home sold in the second half of 2018 in Bonfield rose by $9,250 while total sales decreased by 42.9%, according to BlockShopper.com.

From July through December of 2018, there were eight homes sold, with a median sale price of $215,500 - a 4.5% increase over the $206,250 median sale price for the same period of the previous year. There were 14 homes sold in Bonfield in the second half of 2017.

The median sales tax in Bonfield for the most recent year with available data, 2017, was $3,736, approximately 1.7% of the median home sale price for the second half of 2018.

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

CityJuly - Dec. 2018 Home SalesJuly - Dec. 2017 Home Sales% change (Total Home Sales)July - Dec. 2018 Median Sales PriceJuly - Dec. 2017 Median Sales Price% change (Median Sales Price)
Reddick13-66.7%$245,000$150,00063.3%
Bonfield814-42.9%$215,500$206,2504.5%
Essex1116-31.3%$210,000$162,50029.2%
Manteno6887-21.8%$189,900$165,00015.1%
Grant Park2223-4.3%$179,950$135,00033.3%
Bourbonnais1761712.9%$172,250$177,900-3.2%
Chebanse24-50%$160,325$179,450-10.7%
Limestone18175.9%$145,000$147,500-1.7%
Herscher12933.3%$138,950$155,000-10.4%
Bradley129147-12.2%$135,000$117,90014.5%
Buckingham21100%$106,861.50$16,500547.6%

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