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Kankakee Times

Sunday, November 24, 2024

Kankakee home prices rise in November 2018

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The median sale price of a home sold in November 2018 in Kankakee rose by $16,350 while total sales decreased by 18.8%, according to BlockShopper.com.

In November 2018, there were 39 homes sold, with a median sale price of $115,850 - a 16.4% increase over the $99,500 median sale price for the same period of the previous year. There were 48 homes sold in Kankakee in November 2017.

The median sales tax in Kankakee for the most recent year with available data, 2017, was $2,621, approximately 2.3% of the median home sale price for November 2018.

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

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Manteno11110%$189,900$158,50019.8%
Grant Park41300%$170,500$128,00033.2%
Bourbonnais211723.5%$165,000$154,9006.5%
Bonfield110%$160,000$207,500-22.9%
Essex23-33.3%$158,000$147,0007.5%
Chebanse110%$142,400$32,125343.3%
Bradley1424-41.7%$131,000$115,95013%
Limestone41300%$117,200$128,500-8.8%
Kankakee3948-18.8%$115,850$99,50016.4%
Momence8714.3%$91,075$89,0002.3%
Herscher13-66.7%$81,900$163,500-49.9%

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