Kankakee Real Estate Market

Kankakee Market

The median sale price for homes in Kankakee over the last 12 months is $76,000.


The median mortgage debt is $67,148.

Additional Statistics for Single Family Homes and Condos in Kankakee, IL
$89,280
Median Listing Price
149
Median Days on Market
259
Active Listings
17.0%
Distressed Listings
(foreclosures and short sales)
Kankakee, IL Price Trends - Sold vs. Listed
The median list price in May for single family homes in Kankakee is $86,900. The list prices dropped by -3.33% from the previous month.

The price per square foot for listings in this area is $65.

The median sale price in March for single family homes is $97,000. The sale prices increased by 86.53% from the previous month.

Chart Temporarily Unavailable
Kankakee, IL Market Inventory Trends

The number of active listings in Kankakee increased by 5.1% from the previous month.

The median number of days active properties have been listed is 123.

The number of sales in March dropped by 57.1% from the previous month.

Chart Temporarily Unavailable
Kankakee, IL Property Ownership

The percent of owner occupied properties in Kankakee is 14.98% below the national average.

The percent of rental properties in Kankakee is 21.07% above the national average which is typical for urban areas.

Chart Temporarily Unavailable

Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.