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Kankakee Times

Monday, November 25, 2024

Kankakee home prices rise in the second quarter of 2019

Realestate5

The median sale price of a home sold in the second quarter of 2019 in Kankakee rose by $42,000 while total sales decreased by 90.4%, according to BlockShopper.com.

From April through June of 2019, there were 11 homes sold, with a median sale price of $127,000 - a 49.4% increase over the $85,000 median sale price for the same period of the previous year. There were 114 homes sold in Kankakee in the second quarter of 2018.

The median sales tax in Kankakee for the most recent year with available data, 2017, was $2,621, approximately 2.1% of the median home sale price for the second quarter of 2019.

The following table compares Kankakee to other Kankakee County cities in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Manteno848-83.3%$238,750$189,00026.3%
Bourbonnais994-90.4%$152,000$173,750-12.5%
Bradley877-89.6%$135,527.50$124,9008.5%
Limestone26-66.7%$130,250$131,250-0.8%
Kankakee11114-90.4%$127,000$85,00049.4%
Momence517-70.6%$85,000$110,000-22.7%
Essex02-100%$0$173,950-100%
Aroma Park07-100%$0$9,000-100%
Sun River Terrace00-$0$0-
Reddick01-100%$0$140,000-100%
Hopkins Park01-100%$0$13,769-100%
Buckingham00-$0$0-
Herscher05-100%$0$149,900-100%
Grant Park012-100%$0$142,750-100%
Bonfield02-100%$0$285,000-100%
St. Anne04-100%$0$64,000-100%
Chebanse02-100%$0$202,750-100%

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