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Kankakee Times

Monday, November 25, 2024

Herscher home prices fall in August 2018

Realestate4

The median sale price of a home sold in August 2018 in Herscher fell by $135,706 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In August 2018, there were two homes sold, with a median sale price of $67,295 - a 66.9% decrease over the $203,000 median sale price for the same period of the previous year. There were two homes sold in Herscher in August 2017, as well.

The median sales tax in Herscher for the most recent year with available data, 2017, was $3,498, approximately 5.2% of the median home sale price for August 2018.

The following table compares Herscher 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)
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-
Hopkins Park20-$19,250$0-

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