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Friday, November 29, 2024

Bourbonnais home prices fall in July 2018

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The median sale price of a home sold in July 2018 in Bourbonnais fell by $44,112 while total sales decreased by 30.2%, according to BlockShopper.com.

In July 2018, there were 30 homes sold, with a median sale price of $157,889 - a 21.8% decrease over the $202,000 median sale price for the same period of the previous year. There were 43 homes sold in Bourbonnais in July 2017.

The median sales tax in Bourbonnais for the most recent year with available data, 2017, was $4,093, approximately 2.6% of the median home sale price for July 2018.

The following table compares Bourbonnais 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)
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%
Hopkins Park110%$25,000$61,000-59%

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