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Kankakee Times

Friday, November 29, 2024

Grant Park home prices rise in July 2018

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The median sale price of a home sold in July 2018 in Grant Park rose by $38,750 while total sales decreased by 75%, according to BlockShopper.com.

In July 2018, there were two homes sold, with a median sale price of $166,000 - a 30.5% increase over the $127,250 median sale price for the same period of the previous year. There were eight homes sold in Grant Park in July 2017.

The median sales tax in Grant Park for the most recent year with available data, 2017, was $4,416, approximately 2.7% of the median home sale price for July 2018.

The following table compares Grant Park to other Kankakee County cities with similar median sales prices in July 2018:

CityJuly 2018 Home SalesJuly 2017 Home Sales% change (Total Home Sales)July 2018 Median Sales PriceJuly 2017 Median Sales Price% change (Median Sales Price)
Essex220%$211,250$203,3753.9%
Bonfield110%$183,000$119,00053.8%
Herscher20-$168,950$0-
Grant Park28-75%$166,000$127,25030.5%
Limestone13-66.7%$164,000$147,50011.2%
Manteno916-43.8%$159,000$162,500-2.2%
Bourbonnais3043-30.2%$157,888.50$202,000-21.8%
Buckingham10-$155,000$0-
Bradley3134-8.8%$135,500$119,95013%
Kankakee3442-19%$100,950$50,95498.1%
Momence7475%$100,035$122,750-18.5%

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