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Saturday, November 23, 2024

Bourbonnais home prices rise in July 2019

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The median sale price of a home sold in July 2019 in Bourbonnais rose by $57,500 while total sales decreased by 8.3%, according to BlockShopper.com.

In July 2019, there were 33 homes sold, with a median sale price of $227,000 - a 33.9% increase over the $169,500 median sale price for the same period of the previous year. There were 36 homes sold in Bourbonnais in July 2018.

The median sales tax in Bourbonnais for the most recent year with available data, 2017, was $4,093, approximately 1.8% of the median home sale price for July 2019.

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

CityJuly 2019 Home SalesJuly 2018 Home Sales% change (Total Home Sales)July 2019 Median Sales PriceJuly 2018 Median Sales Price% change (Median Sales Price)
Bonfield21100%$334,250$183,00082.7%
Grant Park72250%$300,000$166,00080.7%
Bourbonnais3336-8.3%$227,000$169,50033.9%
Herscher220%$196,500$168,95016.3%
Manteno171421.4%$182,500$195,000-6.4%
Reddick21100%$170,000$93,10082.6%
Essex330%$165,000$200,000-17.5%
Bradley2236-38.9%$158,200$130,50021.2%
Aroma Park3250%$125,000$37,530233.1%
Limestone220%$101,000$232,000-56.5%
St. Anne20-$94,750$0-

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