Adam Scott and Kara Ann Hooser purchase 3 Ravinia Place, Bourbonnais, appraised at $370,594

The home at 3 Ravinia Place, Bourbonnais was sold on May 19 by Charles Witt for $370,594.

The buyers were Adam Scott and Kara Ann Hooser.

The property tax paid for this property in 2023 was $6,961. This is 1.9% of the sale price of the home.

This property is one of 20 sales in Bourbonnais (Kankakee County) from April 19 to May 19.

This story was found on BlockShopper.com.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.