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Friday, April 26, 2024

Bourbonnais home prices rise in January 2020

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The median sale price of a home sold in January 2020 in Bourbonnais rose by $20,000 while total sales decreased by 22.2%, according to BlockShopper.com.

In January 2020, there were seven homes sold, with a median sale price of $170,000 - a 13.3% increase over the $150,000 median sale price for the same period of the previous year. There were nine homes sold in Bourbonnais in January 2019.

The median sales tax in Bourbonnais for the most recent year with available data, 2017, was $4,093, approximately 2.4% of the median home sale price for January 2020.

The following table compares Bourbonnais to other Kankakee County cities in January 2020:

CityJan. 2020 Home SalesJan. 2019 Home Sales% change (Total Home Sales)Jan. 2020 Median Sales PriceJan. 2019 Median Sales Price% change (Median Sales Price)
Manteno84100%$213,000$130,95062.7%
Limestone10-$185,000$0-
Bourbonnais79-22.2%$170,000$150,00013.3%
Grant Park21100%$140,000$253,000-44.7%
Reddick10-$105,000$0-
Bradley131030%$100,000$127,200-21.4%
Momence330%$65,000$47,00038.3%
Kankakee3212166.7%$48,850$71,500-31.7%
Aroma Park20-$46,500$0-
Hopkins Park10-$18,000$0-
Sun River Terrace00-$0$0-
Buckingham00-$0$0-
Herscher00-$0$0-
Bonfield00-$0$0-
St. Anne00-$0$0-
Chebanse00-$0$0-
Essex01-100%$0$200,000-100%

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