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Kankakee Times

Monday, November 25, 2024

Bradley home prices fall in 2017

Realestate3

The median sale price of a home sold in 2017 in Bradley fell by $2,550 while total sales increased by 4.7%, according to BlockShopper.com.

From January through December of 2017, there were 270 homes sold, with a median sale price of $116,450 - a 2.1% decrease over the $119,000 median sale price for the previous year. There were 258 homes sold in Bradley in 2016.

The median sales tax in Bradley for 2017 was $3,110. In 2016, the median sales tax was $3,013. 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 2.7%.

The following table compares Bradley to other Kankakee County cities with similar median sales prices in 2017:

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Grant Park393414.7%$145,000$145,500-0.3%
Limestone352166.7%$139,000$132,0005.3%
Reddick6520%$127,500$89,00043.3%
Chebanse810-20%$124,925$171,250-27.1%
Herscher23230%$121,000$130,000-6.9%
Bradley2702584.7%$116,450$119,000-2.1%
Momence73695.8%$107,000$115,000-7%
Aroma Park171421.4%$73,500$53,12538.4%
Kankakee4444147.2%$69,900$61,00014.6%
Buckingham24-50%$67,000$189,000-64.6%
St. Anne1016-37.5%$58,250$49,95016.6%

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