Bonfield home prices rise in the second quarter of 2020

Medium realestate5

The median sale price of a home sold in the second quarter of 2020 in Bonfield rose by $70,500 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

From April through June of 2020, there were three homes sold, with a median sale price of $237,500 - a 42.2% increase over the $167,000 median sale price for the same period of the previous year. There were three homes sold in Bonfield in the second quarter of 2019, as well.

The median sales tax in Bonfield for the most recent year with available data, 2017, was $3,736, approximately 1.6% of the median home sale price for the second quarter of 2020.

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

CityApr. - June 2020 Home SalesApr. - June 2019 Home Sales% change (Total Home Sales)Apr. - June 2020 Median Sales PriceApr. - June 2019 Median Sales Price% change (Median Sales Price)
Buckingham10-$240,000$0-
Bonfield330%$237,500$167,00042.2%
Manteno4064-37.5%$211,000$219,700-4%
Bourbonnais7191-22%$190,000$184,9002.8%
Grant Park660%$179,000$176,4501.4%
Limestone413-69.2%$160,000$129,00024%
Momence1621-23.8%$149,950$92,00063%
Herscher49-55.6%$148,250$175,000-15.3%
Essex15-80%$143,500$185,000-22.4%
Bradley6175-18.7%$142,000$136,2504.2%
Kankakee86102-15.7%$103,000$92,95010.8%

Blockshopper green logo