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Saturday, May 18, 2024

How did home prices perform in Bourbonnais during August 2021?

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The median sale price of a home sold in August 2021 in Bourbonnais rose by $76,300 while total sales decreased by 90%, according to BlockShopper.com.

In August 2021, there were four homes sold, with a median sale price of $256,250 - a 42.4% increase over the $179,950 median sale price for the same period of the previous year. There were 40 homes sold in Bourbonnais in August 2020.

The median sales tax in Bourbonnais for the most recent year with available data, 2019, was $4,339, approximately 1.7% of the median home sale price for August 2021.

The following table compares Bourbonnais to other Kankakee County cities with similar median sale prices in August 2021:

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Grant Park36-50%$425,000$287,50047.8%
Manteno919-52.6%$256,900$229,00012.2%
Bourbonnais440-90%$256,250$179,95042.4%
Momence49-55.6%$176,000$130,00035.4%
Bradley1823-21.7%$166,000$149,90010.7%
Limestone12-50%$150,000$131,50014.1%
St. Anne20-$122,500$0-
Chebanse110%$96,000$191,950-50%
Bonfield12-50%$95,000$242,000-60.7%
Aroma Park20-$77,200$0-
Kankakee1533-54.5%$72,500$129,900-44.2%

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