Quantcast

Kankakee Times

Monday, November 25, 2024

Buckingham home prices fall in 2017

Re 12

The median sale price of a home sold in 2017 in Buckingham fell by $122,000 while total sales decreased by 50%, according to BlockShopper.com.

From January through December of 2017, there were two homes sold, with a median sale price of $67,000 - a 64.6% decrease over the $189,000 median sale price for the previous year. There were four homes sold in Buckingham in 2016.

The median sales tax in Buckingham for 2017 was $3,023. In 2016, the median sales tax was $2,847. This marks an increase of 6.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 4.5%.

The following table compares Buckingham 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)
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%
Hopkins Park25-60%$56,750$20,000183.8%
Sun River Terrace42100%$26,900$96,000-72%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS