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Kankakee Times

Monday, November 25, 2024

Bonfield home prices fall in December 2017

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The median sale price of a home sold in December 2017 in Bonfield fell by $83,500 while total sales decreased by 33.3%, according to BlockShopper.com.

In December 2017, there were two homes sold, with a median sale price of $111,500 - a 42.8% decrease over the $195,000 median sale price for the same period of the previous year. There were three homes sold in Bonfield in December 2016.

The median sales tax in Bonfield for 2017 was $3,736. In 2016, the median sales tax was $3,610. 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 3.4%.

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

CityDec. 2017 Home SalesDec. 2016 Home Sales% change (Total Home Sales)Dec. 2017 Median Sales PriceDec. 2016 Median Sales Price% change (Median Sales Price)
Bourbonnais1423-39.1%$165,250$135,00022.4%
Manteno1112-8.3%$165,000$155,5006.1%
Grant Park35-40%$152,500$142,0007.4%
Bradley1027-63%$135,000$70,00092.9%
Limestone6450%$126,100$107,121.5017.7%
Bonfield23-33.3%$111,500$195,000-42.8%
Momence115120%$105,000$123,000-14.6%
Herscher21100%$93,256.50$127,000-26.6%
St. Anne13-66.7%$93,000$12,000675%
Kankakee3942-7.1%$52,000$31,93762.8%
Sun River Terrace10-$43,500$0-

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