Bonfield, Illinois, is a small village in Kankakee County, offering a peaceful retreat from urban life with its rural charm and tight-knit community. Founded in the 19th century as a stop on the Illinois Central Railroad, the village was named after Thomas Bonfield, a railroad attorney, though established by quarryman Thomas Verkler. With a population of around 351 as of the 2020 census, Bonfield provides a serene environment surrounded by scenic farmland, ideal for leisurely drives, cycling, or experiencing Midwestern hospitality. While it lacks major tourist attractions, its agricultural roots shine through local events and farmers' markets, and residents enjoy above-average public schools and a strong sense of community. Located 12 miles west of Kankakee and about 50 miles south of Chicago, Bonfield is a quintessential small-town escape with a rich historical backdrop
Bonfield currently has 6 single family homes for sale with an average list price of $252,449.83 and 2 lots for sale with an average list price of $224,950. The average annual property tax for Bonfield is $4,254.57.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Bonfield, i.e. what's hot and what's not.
See What's Hot & What's Not in BonfieldBonfield home sales for the month of June rose in volume by 50% when compared to last year, while the median sale price decreased by 21.9% from $288,000 to $225,000. House sales rose by 50%, while the median sale price decreased by 21.9% from $288,000 to $225,000.
14
|
8
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11
|
9
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2021 | 2022 | 2023 | 2024 |
# of sales per year |
$257,450
|
$212,500
|
$275,000
|
$210,000
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |