爆料TV
1 / 15#15. Hopkins Park, IL
- Typical home value: $109,678
- 1-year price change: +10.1%
- 5-year price change: data not available
Cities with the most expensive homes in the Kankakee metro area
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Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.
The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
compiled a list of cities with the most expensive homes in the Kankakee metro area using data from . Charts show the monthly typical home value since January 2018. All 15 cities and towns with data available were included in the list.
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爆料TV
2 / 15#14. Saint Anne, IL
- Typical home value: $155,296
- 1-year price change: -1.7%
- 5-year price change: +4.9%
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3 / 15#13. Kankakee, IL
- Typical home value: $155,307
- 1-year price change: +4.1%
- 5-year price change: +35.9%
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4 / 15#12. Momence, IL
- Typical home value: $186,974
- 1-year price change: +5.2%
- 5-year price change: +35.9%
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5 / 15#11. Bradley, IL
- Typical home value: $187,314
- 1-year price change: +4.0%
- 5-year price change: +29.6%
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6 / 15#10. Chebanse, IL
- Typical home value: $195,810
- 1-year price change: -1.7%
- 5-year price change: data not available
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7 / 15#9. Herscher, IL
- Typical home value: $236,453
- 1-year price change: +8.2%
- 5-year price change: +34.0%
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8 / 15#8. Limestone, IL
- Typical home value: $239,642
- 1-year price change: +7.1%
- 5-year price change: +37.0%
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9 / 15#7. Reddick, IL
- Typical home value: $262,158
- 1-year price change: +11.5%
- 5-year price change: +32.0%
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10 / 15#6. Buckingham, IL
- Typical home value: $271,346
- 1-year price change: +14.8%
- 5-year price change: data not available
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11 / 15#5. Essex, IL
- Typical home value: $296,554
- 1-year price change: +12.9%
- 5-year price change: +43.9%
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12 / 15#4. Grant Park, IL
- Typical home value: $300,941
- 1-year price change: +9.1%
- 5-year price change: +30.1%
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13 / 15#3. Bourbonnais, IL
- Typical home value: $302,358
- 1-year price change: +5.5%
- 5-year price change: +34.9%
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14 / 15#2. Manteno, IL
- Typical home value: $317,796
- 1-year price change: +3.4%
- 5-year price change: +30.8%
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15 / 15#1. Bonfield, IL
- Typical home value: $323,685
- 1-year price change: +13.1%
- 5-year price change: +38.1%
You may also like: Cities with the fastest-growing home prices in the Kankakee metro area
