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Saturday, August 2, 2025

Grant Park home prices fall in the fourth quarter of 2019

Webp re 2

The median sale price of a home sold in the fourth quarter of 2019 in Grant Park fell by $47,500 while total sales decreased by 42.9%, according to BlockShopper.com.

From October through December of 2019, there were eight homes sold, with a median sale price of $139,000 - a 25.5% decrease over the $186,500 median sale price for the same period of the previous year. There were 14 homes sold in Grant Park in the fourth quarter of 2018.

The median sales tax in Grant Park for the most recent year with available data, 2017, was $4,416, approximately 3.2% of the median home sale price for the fourth quarter of 2019.

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

CityOct. - Dec. 2019 Home SalesOct. - Dec. 2018 Home Sales% change (Total Home Sales)Oct. - Dec. 2019 Median Sales PriceOct. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Reddick110%$190,000$245,000-22.4%
Essex36-50%$185,000$173,0006.9%
Manteno2935-17.1%$180,000$189,900-5.2%
Bourbonnais907126.8%$178,450$175,0002%
Limestone10100%$160,000$128,50024.5%
Grant Park814-42.9%$139,000$186,500-25.5%
Bonfield42100%$134,000$115,00016.5%
Bradley625317%$117,500$135,000-13%
Chebanse12-50%$115,000$160,325-28.3%
Momence321877.8%$111,500$100,50010.9%
Kankakee1081025.9%$91,000$94,250-3.4%

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