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Kankakee Times

Monday, November 25, 2024

Bourbonnais home prices rise in August 2018

Realestate2

The median sale price of a home sold in August 2018 in Bourbonnais rose by $10,250 while total sales increased by 30%, according to BlockShopper.com.

In August 2018, there were 39 homes sold, with a median sale price of $174,000 - a 6.3% increase over the $163,750 median sale price for the same period of the previous year. There were 30 homes sold in Bourbonnais in August 2017.

The median sales tax in Bourbonnais for the most recent year with available data, 2017, was $4,093, approximately 2.4% of the median home sale price for August 2018.

The following table compares Bourbonnais to other Kankakee County cities with similar median sales prices in August 2018:

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
Bonfield34-25%$248,000$342,500-27.6%
Manteno1620-20%$210,250$185,25013.5%
Essex10-$210,000$0-
Bourbonnais393030%$174,000$163,7506.3%
Limestone440%$173,500$135,60027.9%
Grant Park330%$135,000$145,000-6.9%
Bradley2427-11.1%$125,450$137,000-8.4%
Kankakee53498.2%$87,000$75,00016%
Momence812-33.3%$80,000$118,750-32.6%
Herscher220%$67,294.50$203,000-66.9%
Buckingham10-$58,723$0-

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