Kankakee Times

Kankakee Times

Tuesday, February 18, 2020

Essex home prices rise in September 2017

Real Estate

By Local Labs News Service | Oct 7, 2017

Re 5

The median sale price of a home sold in September 2017 in Essex rose by $84,250 while total sales increased by 50%, according to BlockShopper.com.

In September 2017, there were three homes sold, with a median sale price of $157,500 - a 115% increase over the $73,250 median sale price for the same period of the previous year. There were two homes sold in Essex in September 2016.

The median sales tax in Essex for 2017 was $3,159. In 2016, the median sales tax was $3,079. This marks an increase of 2.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2%.

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

City
Sept. 2017 Home Sales
Sept. 2016 Home Sales
% change (Total Home Sales)
Sept. 2017 Median Sales Price
Sept. 2016 Median Sales Price
% change (Median Sales Price)
Bonfield
3
1
200%
$260,000
$180,487
44.1%
Bourbonnais
37
32
15.6%
$165,000
$148,750
10.9%
Essex
3
2
50%
$157,500
$73,250
115%
Limestone
1
1
0%
$156,500
$165,000
-5.2%
Manteno
14
11
27.3%
$148,250
$135,000
9.8%
Grant Park
3
0
-
$135,000
$0
-
Herscher
2
5
-60%
$109,000
$125,000
-12.8%
Reddick
1
0
-
$105,000
$0
-
Bradley
27
24
12.5%
$100,000
$133,750
-25.2%
Momence
5
6
-16.7%
$100,000
$74,875
33.6%
St. Anne
3
1
200%
$61,500
$75,000
-18%

Want to get notified whenever we write about Kankakee County Recorder ?

Sign-up Next time we write about Kankakee County Recorder, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.

Organizations in this Story

Kankakee County Recorder

More News