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Kankakee Times

Monday, November 25, 2024

Manteno home prices fall in March 2017

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The median sale price of a home sold in March 2017 in Manteno fell by $32,001 while total sales decreased by 16.7%, according to BlockShopper.com.

In March 2017, there were 10 homes sold, with a median sale price of $150,000 - a 17.6% decrease over the $182,000 median sale price for the same period of the previous year. There were 12 homes sold in Manteno in March 2016.

The median sales tax in Manteno for 2017 was $5,360. In 2016, the median sales tax was $5,181. This marks an increase of 3.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.6%.

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

CityMar. 2017 Home SalesMar. 2016 Home Sales% change (Total Home Sales)Mar. 2017 Median Sales PriceMar. 2016 Median Sales Price% change (Median Sales Price)
Grant Park21100%$169,500$28,500494.7%
Manteno1012-16.7%$149,999.50$182,000-17.6%
Bourbonnais1722-22.7%$135,000$162,000-16.7%
Chebanse10-$119,950$0-
Herscher220%$102,500$107,812.50-4.9%
Bradley211723.5%$91,000$90,0001.1%
Momence330%$75,000$80,000-6.3%
Limestone24-50%$47,500$129,530.50-63.3%
Essex10-$44,500$0-
Kankakee2829-3.4%$42,916.50$69,000-37.8%
Reddick20-$35,750$0-

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