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Kankakee Times

Wednesday, April 24, 2024

Limestone home prices rise in November 2019

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The median sale price of a home sold in November 2019 in Limestone rose by $47,800 while total sales increased by 25%, according to BlockShopper.com.

In November 2019, there were five homes sold, with a median sale price of $165,000 - a 40.8% increase over the $117,200 median sale price for the same period of the previous year. There were four homes sold in Limestone in November 2018.

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 November 2019.

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

CityNov. 2019 Home SalesNov. 2018 Home Sales% change (Total Home Sales)Nov. 2019 Median Sales PriceNov. 2018 Median Sales Price% change (Median Sales Price)
Grant Park440%$213,000$170,50024.9%
Manteno711-36.4%$198,000$189,9004.3%
Reddick10-$190,000$0-
Essex3250%$185,000$158,00017.1%
Bourbonnais302142.9%$179,900$165,0009%
Limestone5425%$165,000$117,20040.8%
Momence68-25%$124,000$91,07536.2%
Chebanse110%$115,000$142,400-19.2%
Bradley201442.9%$111,000$131,000-15.3%
Kankakee2839-28.2%$90,000$115,850-22.3%
Herscher31200%$55,000$81,900-32.8%

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