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Saturday, November 23, 2024

Grant Park home prices rise in July 2019

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The median sale price of a home sold in July 2019 in Grant Park rose by $134,000 while total sales increased by 250%, according to BlockShopper.com.

In July 2019, there were seven homes sold, with a median sale price of $300,000 - a 80.7% increase over the $166,000 median sale price for the same period of the previous year. There were two homes sold in Grant Park in July 2018.

The median sales tax in Grant Park for the most recent year with available data, 2017, was $4,416, approximately 1.5% of the median home sale price for July 2019.

The following table compares Grant Park 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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