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Kankakee Times

Monday, August 4, 2025

2020: Essex experienced a 23.6% drop in median home prices

Webp re 11

The median sale price of a home sold in 2020 in Essex fell by $44,250 while total sales decreased by 56.3%, according to BlockShopper.com.

From January through December of 2020, there were seven homes sold, with a median sale price of $143,500 - a 23.6% decrease over the $187,750 median sale price for the previous year. There were 16 homes sold in Essex in 2019.

The median sales tax in Essex for the most recent year with available data, 2019, was $3,284, approximately 2.3% of the median home sale price for 2020.

The following table compares Essex to other Kankakee County cities with similar median sale prices in 2020:

CityJan. - Dec. 2020 Home SalesJan. - Dec. 2019 Home Sales% change (Total Home Sales)Jan. - Dec. 2020 Median Sales PriceJan. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Manteno148160-7.5%$215,749.50$202,5006.5%
Grant Park433043.3%$201,500$170,00018.5%
Bourbonnais3162928.2%$196,000$179,4509.2%
Limestone2631-16.1%$168,950$143,50017.7%
Herscher1517-11.8%$149,500$159,900-6.5%
Essex716-56.3%$143,500$187,750-23.6%
Bradley27422820.2%$139,900$130,0007.6%
Momence5971-16.9%$133,000$105,90025.6%
Aroma Park15150%$123,900$114,9007.8%
Chebanse9728.6%$110,000$115,000-4.3%
Kankakee42734623.4%$105,000$90,00016.7%

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