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Kankakee Times

Friday, April 19, 2024

Chebanse home prices fall in 2019

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The median sale price of a home sold in 2019 in Chebanse fell by $40,200 while total sales decreased by 12.5%, according to BlockShopper.com.

From January through December of 2019, there were seven homes sold, with a median sale price of $115,000 - a 25.9% decrease over the $155,200 median sale price for the previous year. There were eight homes sold in Chebanse in 2018.

The median sales tax in Chebanse for the most recent year with available data, 2017, was $3,229, approximately 2.8% of the median home sale price for 2019.

The following table compares Chebanse to other Kankakee County cities with similar median sales prices in 2019:

CityJan. - Dec. 2019 Home SalesJan. - Dec. 2018 Home Sales% change (Total Home Sales)Jan. - Dec. 2019 Median Sales PriceJan. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Grant Park3041-26.8%$170,000$177,000-4%
Herscher1720-15%$159,900$139,95014.3%
Limestone312714.8%$143,500$145,000-1%
Bradley228258-11.6%$130,000$127,0002.4%
Reddick5366.7%$120,000$140,000-14.3%
Chebanse78-12.5%$115,000$155,200-25.9%
Aroma Park15147.1%$114,900$44,030161%
Momence71684.4%$105,900$104,0001.8%
St. Anne13128.3%$90,000$62,25044.6%
Kankakee345429-19.6%$90,000$88,0002.3%
Sun River Terrace5366.7%$82,500$25,000230%

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