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Kankakee Times

Tuesday, November 26, 2024

Bradley home prices fall in May 2017

Realestate1

The median sale price of a home sold in May 2017 in Bradley fell by $5,000 while total sales increased by 23.8%, according to BlockShopper.com.

In May 2017, there were 26 homes sold, with a median sale price of $115,000 - a 4.2% decrease over the $120,000 median sale price for the same period of the previous year. There were 21 homes sold in Bradley in May 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 May 2017:

CityMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
Grant Park42100%$195,000$246,950-21%
Essex220%$194,700$227,500-14.4%
Herscher220%$185,500$179,0003.6%
Limestone220%$172,875$120,00044.1%
Bourbonnais2627-3.7%$164,250$185,000-11.2%
Momence6520%$140,000$120,00016.7%
Aroma Park13-66.7%$125,000$60,000108.3%
Bradley262123.8%$115,000$120,000-4.2%
Bonfield10-$110,000$0-
Kankakee523740.5%$76,283.50$61,67623.7%
Chebanse12-50%$25,000$228,000-89%

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