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Kankakee Times

Monday, November 25, 2024

Grant Park home prices fall in August 2018

Re 13

The median sale price of a home sold in August 2018 in Grant Park fell by $10,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

In August 2018, there were three homes sold, with a median sale price of $135,000 - a 6.9% decrease over the $145,000 median sale price for the same period of the previous year. There were three homes sold in Grant Park in August 2017, as well.

The median sales tax in Grant Park for the most recent year with available data, 2017, was $4,416, approximately 3.3% of the median home sale price for August 2018.

The following table compares Grant Park 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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