Bourbonnais Home Prices & Values

No data Zillow Home Value Index

  • No data1-year change
  • No data 1-year forecast

The median list price per square foot in Bourbonnais is $108, which is higher than the Kankakee Metro average of $94. The median price of homes currently listed in Bourbonnais is $189,000 while the median price of homes that sold is $147,025.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Bourbonnais is 6.5%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Bourbonnais homeowners underwater on their mortgage is 18.7%.

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Relative ZHVI
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Bourbonnais Market Overview

Data through Jul 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $189,000 Median listing price
  • $147,025 Median sale price
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Bourbonnais Market Health

Data through Jul 31, 2014
  • 0.2/10 Less healthy What's This?  
    Close

    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average days on Zillow
  • 18.7% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 6.5% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Manhattan $189,600 Peotone $183,300 Manteno $167,900
Grant Park $130,000 Limestone $112,200 Momence $94,300
Bradley $94,200 Saint Anne $72,200 Kankakee $71,300

Listings & Sales

Data through Jul 31, 2014
  • $108 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 33.4% Listings with price cut
35.8%
Sold below listing
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Bourbonnais Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,561 Bourbonnais
$1,395 Kankakee Metro
$1,318 United States
  • No data Breakeven horizon
  • No data Rent list price
  • $0.89 Rent list price / sq ft
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