Current Price

$275,615

1 Month Forecast

â–² $298,730

1-Year Forecast *

â–² $319,266

5-Year Forecast *

â–² $386,848

"Is it a good time to buy homes in Bourbonnais?" "Does investing in real estate in Bourbonnais (Illinois State, Kankakee County) worth it?" According to our live Forecast System, buying a house in Bourbonnais is a good short-term (1-year) investment*. The Bourbonnais average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Bourbonnais" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Bourbonnais in Illinois State, Kankakee County. If you are looking for homes for sale with good flipping profit, Bourbonnais can be a profitable property investment option. The median price of an average house in Bourbonnais was 275,615 USD on 2026-02-16. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Bourbonnais" area is 386,848 USD by 2031-02-16. For a 5-year investment the profit is expected to be around +40.36% meaning that investing 100000 USD today may yield a profit of 40,358 USD by 2031.

Current Median Listing Price: 275,615 USD Median Listing Price Per Square Foot: 153 USD

Bourbonnais Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Bourbonnais (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Bourbonnais Price Target

Bourbonnais median home price target in 12 months: $319,266* (upside of 15.8%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $295,390 $296,827 $295,390 $297,398
2024 $258,942 $275,615 $258,942 $275,615
2023 $242,918 $257,570 $242,918 $257,570
2022 $226,247 $242,132 $226,247 $242,132
2021 $203,374 $223,703 $203,374 $223,703
2020 $189,317 $201,010 $189,317 $201,010
2019 $180,535 $188,845 $180,535 $188,845
2018 $175,178 $179,485 $175,178 $179,485
2017 $169,892 $174,516 $169,892 $174,516
2016 $166,952 $169,133 $166,952 $169,946
2015 $163,092 $166,411 $163,092 $166,411
2014 $164,141 $162,935 $162,014 $164,141
2013 $175,643 $164,481 $164,481 $175,643
2012 $158,118 $177,466 $0 $179,936

Questions & Answers about the Bourbonnais Housing Market Forecast

How much does an average home cost in Bourbonnais today?

The value of an average home (the listing price) in Bourbonnais is $275,615 USD.

What is the average price per square foot in Bourbonnais?

According to Walletinvestor the median price per square foot in Bourbonnais is 153 USD.

Will the median listing price of homes in Bourbonnais grow / rise / go up?

Yes. The Bourbonnais home prices may rise from 275,615 USD to 319,266 USD in one year.

Is it profitable to invest in Bourbonnais homes?

Yes. The long-term profit potential is +15.84% in one year.

Will Bourbonnais house prices fall / drop?

No. See above.

What is the predicted price of a Bourbonnais home in 2030?

The predicted home sales price of a Bourbonnais home in 2030 in Bourbonnais is 370,689 USD.

What is the predicted price of a Bourbonnais home in 2035?

The predicted home sales price of a Bourbonnais home in 2035 in Bourbonnais is 469,476 USD.

Will real estate prices decrease in Bourbonnais?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Bourbonnais is the 2181. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Kankakee, Bourbonnais decreased, looking at the past 12 months.

According to Walletinvestor's Bourbonnais real estate market research, home values will increase in the next 12 months.

Median home values decreased by 7.088% to 275,615 USD, between 2025-02-16 and 2026-02-16

The average annual profit of property investment was:

  • 13.958% in 2021
  • 15.048% in 2022
  • 13.928% in 2023
  • 15.618% in 2024
  • 17.538% in 2025
  • 17.058% in 2026

Based on our Bourbonnais real estate market research and report the predicted sales prices will increase by 335.006% in the next 10 years.

Over the last 12 months, the value of homes in Bourbonnais fluctuated: increasing 2 times and decreasing 3 times.

Bourbonnais (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Bourbonnais Housing Market Forecast with Real Estate Prices for 2025
August 2025 298730 276026 321433
September 2025 300644 276592 324695
October 2025 302570 275642 329499
November 2025 304509 286239 322780
December 2025 306461 288686 324235
Bourbonnais Housing Market Forecast with Real Estate Prices for 2026
January 2026 308424 279124 337725
February 2026 309571 282638 336503
March 2026 311212 292228 330196
April 2026 313207 285018 341395
May 2026 315214 287475 342952
June 2026 317233 293758 340709
July 2026 319266 299472 339061
August 2026 321312 297856 344768
September 2026 323371 297502 349241
October 2026 325443 297781 353106
November 2026 327529 306567 348491
December 2026 327527 305911 349144
Bourbonnais Housing Market Forecast with Real Estate Prices for 2027
January 2027 326875 303994 349756
February 2027 326197 307278 345117
March 2027 327270 297816 356724
April 2027 328198 308835 347562
May 2027 329348 296413 362283
June 2027 330416 306957 353876
July 2027 330713 307894 353532
August 2027 331096 312886 349306
September 2027 331219 314658 347780
October 2027 331562 298406 364718
November 2027 332006 311422 352591
December 2027 333582 309564 357600
Bourbonnais Housing Market Forecast with Real Estate Prices for 2028
January 2028 335719 315912 355527
February 2028 337871 311855 363887
March 2028 340036 310113 369959
April 2028 342215 315864 368565
May 2028 344273 309845 378700
June 2028 346107 313227 378988
July 2028 347775 316475 379074
August 2028 350003 330053 369953
September 2028 352246 319135 385357
October 2028 354503 333942 375065
November 2028 356512 323356 389668
December 2028 357183 334681 379686
Bourbonnais Housing Market Forecast with Real Estate Prices for 2029
January 2029 358687 323536 393839
February 2029 360147 329175 391120
March 2029 362455 331284 393626
April 2029 364734 340297 389171
May 2029 366777 331933 401621
June 2029 369127 335168 403087
July 2029 370689 346594 394784
August 2029 371637 348223 395050
September 2029 371177 340741 401614
October 2029 370566 352038 389094
November 2029 370201 343547 396855
December 2029 370924 333831 408016
Bourbonnais Housing Market Forecast with Real Estate Prices for 2030
January 2030 373301 343063 403538
February 2030 375693 338123 413262
March 2030 378100 347096 409104
April 2030 380523 346276 414770
May 2030 382961 351942 413981
June 2030 385416 349572 421259
July 2030 386848 358995 414701
August 2030 388899 357009 420789
September 2030 391391 367516 415266
October 2030 393899 374204 413594
November 2030 396424 362331 430516
December 2030 398964 362259 435668
Bourbonnais Housing Market Forecast with Real Estate Prices for 2031
January 2031 401520 381444 421596
February 2031 404093 364492 443695
March 2031 406683 372928 440438
April 2031 409289 385550 433028
May 2031 409287 377772 440802
June 2031 408472 370484 446459
July 2031 407625 378276 436974
August 2031 408965 382791 435139
September 2031 410126 387159 433093
October 2031 411562 382753 440372
November 2031 412897 374085 451710
December 2031 413268 381446 445089
Bourbonnais Housing Market Forecast with Real Estate Prices for 2032
January 2032 413746 374854 452638
February 2032 413900 376649 451151
March 2032 414329 384083 444575
April 2032 414884 392895 436873
May 2032 416853 384755 448951
June 2032 419524 383445 455603
July 2032 422212 385480 458945

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.