Is Bourbonnais, IL 60914 a buyer’s or seller’s market?

The Bourbonnais housing market right now

In the three months ending August 31, 2026, 37% of homes in Bourbonnais, IL 60914 sold above their list price, the typical home went under contract in 53 days and there were 3.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 85 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 30%, homes sold more slowly (47 days then) and the median sale price fell 8% to $294,872. Overall, Bourbonnais is more competitive than a year ago, so tougher for buyers.

Within Kankakee County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in 75%. On our competition score, Bourbonnais ranks #305 of 464 IL ZIP codes with enough sales (score 60 out of 100).

Nearby, buyers who want less competition could look at Pembroke Township 60958 (0% sold over asking) or Essex 60935 (0% sold over asking), while Chebanse 60922 (60% sold over asking) and Bradley 60915 (55% sold over asking) are even more competitive.