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Saturday, August 2, 2025

Bonfield home prices fall in the third quarter of 2020

Webp re 8

The median sale price of a home sold in the third quarter of 2020 in Bonfield fell by $53,500 while total sales decreased by 37.5%, according to BlockShopper.com.

From July through September of 2020, there were five homes sold, with a median sale price of $224,000 - a 19.3% decrease over the $277,500 median sale price for the same period of the previous year. There were eight homes sold in Bonfield in the third quarter of 2019.

The median sales tax in Bonfield for the most recent year with available data, 2019, was $3,812, approximately 1.7% of the median home sale price for the third quarter of 2020.

The following table compares Bonfield to other Kankakee County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Grant Park14137.7%$242,450$240,0001%
Bonfield58-37.5%$224,000$277,500-19.3%
Manteno4754-13%$208,000$208,0000%
Bourbonnais1208737.9%$191,250$194,900-1.9%
Herscher62200%$151,600$196,500-22.8%
Chebanse23-33.3%$150,975$37,500302.6%
Momence181428.6%$146,500$109,45033.9%
Bradley827115.5%$140,950$133,0006%
Limestone7616.7%$135,000$152,500-11.5%
Kankakee1199920.2%$113,400$94,00020.6%
Aroma Park23-33.3%$77,950$125,000-37.6%

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