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Kankakee Times

Monday, August 4, 2025

Home prices decreased in Herscher during 2020

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The median sale price of a home sold in 2020 in Herscher fell by $10,400 while total sales decreased by 11.8%, according to BlockShopper.com.

From January through December of 2020, there were 15 homes sold, with a median sale price of $149,500 - a 6.5% decrease over the $159,900 median sale price for the previous year. There were 17 homes sold in Herscher in 2019.

The median sales tax in Herscher for the most recent year with available data, 2019, was $3,650, approximately 2.4% of the median home sale price for 2020.

The following table compares Herscher 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)
Bonfield15150%$237,500$205,00015.9%
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%

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