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Limestone home prices rise in the first quarter of 2019

Real Estate

By Local Labs News Service | Apr 7, 2019

Realestate077

The median sale price of a home sold in the first quarter of 2019 in Limestone rose by $78,450 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

From January through March of 2019, there were two homes sold, with a median sale price of $160,450 - a 95.7% increase over the $82,000 median sale price for the same period of the previous year. There were two homes sold in Limestone in the first quarter of 2018, as well.

The median sales tax in Limestone for the most recent year with available data, 2017, was $2,921, approximately 1.8% of the median home sale price for the first quarter of 2019.

The following table compares Limestone to other Kankakee County cities with similar median sales prices in the first quarter of 2019:

City
Jan. - Mar. 2019 Home Sales
Jan. - Mar. 2018 Home Sales
% change (Total Home Sales)
Jan. - Mar. 2019 Median Sales Price
Jan. - Mar. 2018 Median Sales Price
% change (Median Sales Price)
Essex
1
1
0%
$200,000
$216,000
-7.4%
Manteno
13
23
-43.5%
$174,900
$195,000
-10.3%
Limestone
2
2
0%
$160,450
$82,000
95.7%
Grant Park
3
7
-57.1%
$152,500
$215,000
-29.1%
Aroma Park
1
2
-50%
$150,000
$95,000
57.9%
Bourbonnais
23
44
-47.7%
$146,500
$163,500
-10.4%
Herscher
2
5
-60%
$122,375
$99,971.55
22.4%
Bradley
20
47
-57.4%
$113,450
$125,000
-9.2%
St. Anne
2
3
-33.3%
$102,500
$59,500
72.3%
Kankakee
37
81
-54.3%
$68,900
$75,000
-8.1%
Momence
4
11
-63.6%
$58,000
$107,000
-45.8%

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