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Adobe Stock
From July through December of 2020, there were five homes sold, with a median sale price of $150,500 - a 23.5% decrease over the $196,750 median sale price for the same period of the previous year. There were 10 homes sold in Essex in the second half of 2019.
The median sales tax in Essex for the most recent year with available data, 2019, was $3,284, approximately 2.2% of the median home sale price for the second half of 2020.
The following table compares Essex to other Kankakee County cities with similar median sale prices in the second half of 2020:
| City | July - Dec. 2020 Home Sales | July - Dec. 2019 Home Sales | % change (Total Home Sales) | July - Dec. 2020 Median Sales Price | July - Dec. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Grant Park | 30 | 21 | 42.9% | $224,950 | $170,000 | 32.3% |
| Manteno | 91 | 83 | 9.6% | $222,000 | $195,000 | 13.8% |
| Bourbonnais | 202 | 178 | 13.5% | $195,000 | $180,000 | 8.3% |
| Limestone | 17 | 16 | 6.3% | $175,000 | $157,500 | 11.1% |
| Herscher | 9 | 6 | 50% | $163,200 | $129,750 | 25.8% |
| Essex | 5 | 10 | -50% | $150,500 | $196,750 | -23.5% |
| Bradley | 169 | 133 | 27.1% | $138,000 | $125,000 | 10.4% |
| Momence | 33 | 46 | -28.3% | $130,000 | $111,500 | 16.6% |
| Aroma Park | 9 | 10 | -10% | $123,900 | $106,950 | 15.8% |
| Kankakee | 244 | 207 | 17.9% | $119,250 | $92,500 | 28.9% |
| Hopkins Park | 1 | 3 | -66.7% | $75,000 | $52,000 | 44.2% |
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