Bourbonnais, IL, Real Estate
Bourbonnais, Illinois, is a vibrant village in Kankakee County, located about 60 miles south of Chicago. Known for its rich history and community spirit, Bourbonnais blends small-town charm with modern amenities. The village is home to Olivet Nazarene University, which contributes to its cultural and educational vibrancy. Residents and visitors enjoy attractions like the Kankakee River State Park for outdoor activities and the annual Friendship Festival, showcasing local pride. With a growing population and a mix of historic sites, shopping, and dining options, Bourbonnais offers a welcoming environment for families and businesses alike.
Bourbonnais currently has 71 single family homes for sale with an average list price of $372,708.93, 4 townhouses for sale with an average list price of $240,175, 8 condos for sale with an average list price of $354,250, and 13 lots for sale with an average list price of $584,126.46. The average annual property tax for Bourbonnais is $5,281.67.
Browse Bourbonnais
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 Bourbonnais, i.e. what's hot and what's not.
See What's Hot & What's Not in Bourbonnais
Market Trends
Bourbonnais home sales for the month of June rose in volume by 3.6% when compared to last year, while the median sale price rose by 14.9% from $278,500 to $320,000. House sales rose by 7.4%, while the median sale price rose by 14.3% from $280,000 to $320,000.
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360
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333
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226
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233
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| 2021 | 2022 | 2023 | 2024 |
| # of sales per year | |||
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$240,000
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$253,000
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$274,950
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$295,000
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| 2021 | 2022 | 2023 | 2024 |
| median sale price per year | |||
Median Sale Price for Bourbonnais
Number of Sales for Bourbonnais
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