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Kankakee Times

Friday, April 26, 2024

Limestone home prices fall in 2019

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The median sale price of a home sold in 2019 in Limestone fell by $1,500 while total sales increased by 14.8%, according to BlockShopper.com.

From January through December of 2019, there were 31 homes sold, with a median sale price of $143,500 - a 1% decrease over the $145,000 median sale price for the previous year. There were 27 homes sold in Limestone in 2018.

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

The following table compares Limestone 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)
Manteno16014411.1%$202,500$190,0006.6%
Essex16156.7%$187,750$200,000-6.1%
Bourbonnais291320-9.1%$179,900$172,0004.6%
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%

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