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Kankakee Times

Monday, November 25, 2024

Limestone home prices rise in August 2018

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The median sale price of a home sold in August 2018 in Limestone rose by $37,900 while total sales remained unchanged with four homes sold, according to BlockShopper.com.

In August 2018, there were four homes sold, with a median sale price of $173,500 - a 27.9% increase over the $135,600 median sale price for the same period of the previous year. There were four homes sold in Limestone in August 2017, as well.

The median sales tax in Limestone for the most recent year with available data, 2017, was $2,921, approximately 1.7% of the median home sale price for August 2018.

The following table compares Limestone 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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