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Saturday, March 28, 2020

Kankakee home prices fall in February 2020

Real Estate

By Metric Media News Service | Mar 7, 2020

Re 6

The median sale price of a home sold in February 2020 in Kankakee fell by $33,750 while total sales increased by 650%, according to BlockShopper.com.

In February 2020, there were 15 homes sold, with a median sale price of $75,000 - a 31% decrease over the $108,750 median sale price for the same period of the previous year. There were two homes sold in Kankakee in February 2019.

The median sales tax in Kankakee for the most recent year with available data, 2017, was $2,621, approximately 3.5% of the median home sale price for February 2020.

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

City
Feb. 2020 Home Sales
Feb. 2019 Home Sales
% change (Total Home Sales)
Feb. 2020 Median Sales Price
Feb. 2019 Median Sales Price
% change (Median Sales Price)
Manteno
5
0
-
$200,000
$0
-
Aroma Park
1
0
-
$184,000
$0
-
Bradley
7
1
600%
$151,500
$119,900
26.4%
Bourbonnais
6
1
500%
$147,500
$110,000
34.1%
Grant Park
1
0
-
$137,000
$0
-
Momence
3
0
-
$133,000
$0
-
Chebanse
1
0
-
$118,500
$0
-
Limestone
1
0
-
$84,087
$0
-
Kankakee
15
2
650%
$75,000
$108,750
-31%
Essex
1
0
-
$50,000
$0
-
Bonfield
0
0
-
$0
$0
-
St. Anne
0
0
-
$0
$0
-
Sun River Terrace
0
0
-
$0
$0
-
Reddick
0
0
-
$0
$0
-
Hopkins Park
0
0
-
$0
$0
-
Buckingham
0
0
-
$0
$0
-
Herscher
0
0
-
$0
$0
-

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