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Kankakee Times

Monday, November 25, 2024

Manteno home prices fall in October 2018

Realestate3

The median sale price of a home sold in October 2018 in Manteno fell by $36,250 while total sales increased by 6.7%, according to BlockShopper.com.

In October 2018, there were 16 homes sold, with a median sale price of $168,750 - a 17.7% decrease over the $205,000 median sale price for the same period of the previous year. There were 15 homes sold in Manteno in October 2017.

The median sales tax in Manteno for the most recent year with available data, 2017, was $5,360, approximately 3.2% of the median home sale price for October 2018.

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

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Grant Park550%$302,000$160,00088.8%
Reddick10-$245,000$0-
Bourbonnais2530-16.7%$187,500$190,450-1.5%
Chebanse110%$178,250$239,900-25.7%
Manteno16156.7%$168,750$205,000-17.7%
Essex26-66.7%$149,500$168,250-11.1%
Herscher10-$147,000$0-
Momence990%$130,000$90,00044.4%
Bradley2325-8%$127,950$125,0002.4%
Limestone3250%$117,000$239,700-51.2%
Kankakee43407.5%$85,000$72,724.5016.9%

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