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Kankakee Times

Monday, November 25, 2024

Kankakee home prices rise in August 2019

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The median sale price of a home sold in August 2019 in Kankakee rose by $30,000 while total sales decreased by 52.8%, according to BlockShopper.com.

In August 2019, there were 25 homes sold, with a median sale price of $117,000 - a 34.5% increase over the $87,000 median sale price for the same period of the previous year. There were 53 homes sold in Kankakee in August 2018.

The median sales tax in Kankakee for the most recent year with available data, 2017, was $2,621, approximately 2.2% of the median home sale price for August 2019.

The following table compares Kankakee to other Kankakee County cities in August 2019:

CityAug. 2019 Home SalesAug. 2018 Home Sales% change (Total Home Sales)Aug. 2019 Median Sales PriceAug. 2018 Median Sales Price% change (Median Sales Price)
Bonfield13-66.7%$420,000$248,00069.4%
Essex31200%$225,000$210,0007.1%
Manteno271668.8%$209,909$210,250-0.2%
Bourbonnais2139-46.2%$194,900$174,00012%
Limestone34-25%$177,000$173,5002%
Grant Park5366.7%$170,000$135,00025.9%
Bradley332437.5%$119,900$125,450-4.4%
Momence58-37.5%$118,000$80,00047.5%
Kankakee2553-52.8%$117,000$87,00034.5%
St. Anne10-$55,000$0-
Chebanse00-$0$0-
Aroma Park00-$0$0-
Sun River Terrace00-$0$0-
Reddick00-$0$0-
Hopkins Park02-100%$0$19,250-100%
Buckingham01-100%$0$58,723-100%
Herscher02-100%$0$67,294.50-100%

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