From January through December of 2017, there were 317 homes sold, with a median sale price of $168,900 - a 4.1% increase over the $162,250 median sale price for the previous year. There were 348 homes sold in Bourbonnais in 2016.
The median sales tax in Bourbonnais for 2017 was $4,093. In 2016, the median sales tax was $3,941. This marks an increase of 3.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.4%.
The following table compares Bourbonnais to other Kankakee County cities with similar median sales prices in 2017:
| City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Bonfield | 23 | 19 | 21.1% | $205,000 | $180,487 | 13.6% |
| Bourbonnais | 317 | 348 | -8.9% | $168,900 | $162,250 | 4.1% |
| Manteno | 174 | 137 | 27% | $168,750 | $165,000 | 2.3% |
| Essex | 24 | 14 | 71.4% | $162,500 | $188,000 | -13.6% |
| Grant Park | 39 | 34 | 14.7% | $145,000 | $145,500 | -0.3% |
| Limestone | 35 | 21 | 66.7% | $139,000 | $132,000 | 5.3% |
| Reddick | 6 | 5 | 20% | $127,500 | $89,000 | 43.3% |
| Chebanse | 8 | 10 | -20% | $124,925 | $171,250 | -27.1% |
| Herscher | 23 | 23 | 0% | $121,000 | $130,000 | -6.9% |
| Bradley | 270 | 258 | 4.7% | $116,450 | $119,000 | -2.1% |
| Momence | 73 | 69 | 5.8% | $107,000 | $115,000 | -7% |
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