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Kankakee Times

Monday, November 25, 2024

Limestone home prices fall in October 2018

Realestate5

The median sale price of a home sold in October 2018 in Limestone fell by $122,700 while total sales increased by 50%, according to BlockShopper.com.

In October 2018, there were three homes sold, with a median sale price of $117,000 - a 51.2% decrease over the $239,700 median sale price for the same period of the previous year. There were two homes sold in Limestone in October 2017.

The median sales tax in Limestone for the most recent year with available data, 2017, was $2,921, approximately 2.5% of the median home sale price for October 2018.

The following table compares Limestone 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)
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%
St. Anne40-$58,500$0-

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