Kankakee County, IL Home Values & Market Trends
The median home price in Kankakee County, IL is $179,286.25. There were 1,642 home sales in Kankakee County, IL over the past 12 months. The median residential Kankakee County, IL home value for transactions over the previous year is $153,000. The number of current listings in Kankakee County, IL is 44, and the percentage of properties for sale is 44.00%. The county has 177 foreclosures, 13 bank owned properties, 16 headed for auction, and 44 properties for sale.
Kankakee County, IL Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Kankakee | $ 159,900 $ 106/sqft | Herscher | $ -- $ -- |
| Bourbonnais | $ 304,631 $ 132/sqft | Aroma Park | $ -- $ -- |
| Bradley | $ 137,450 $ 122/sqft | Pembroke Township | $ -- $ -- |
| Manteno | $ 264,574 $ 133/sqft | Reddick | $ -- $ -- |
| Momence | $ 97,267 $ 70/sqft | Essex | $ -- $ -- |
| Saint Anne | $ 213,108 $ 138/sqft | Buckingham | $ -- $ -- |
| Grant Park | $ 94,175 $ 88/sqft | Bonfield | $ -- $ -- |
| Union Hill | $ -- $ -- |
Housing Market Summary for Kankakee County, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $208.9K | $179.3K | -14.16% |
| Median Sold Price | $162.6K | $179.3K | 10.28% |
| Homes For Sale | 42 | 40 | -4.76% |
| Homes Sold | 746 | 771 | 3.35% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Kankakee County, IL
Browse Homes in Kankakee County, IL
Kankakee County, IL home values range from $18,515 to $1,660,001. Manteno is the priciest city with a median listing home price of $259,900, and Momence is most affordable with average house prices of around $127,400.
- Pre-ForeclosurePre-foreclosure homes account for 0.46% of all residential properties in Kankakee County, IL with Kankakee containing 59 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 15 cities within Kankakee County, IL; of those cities, the estimated home value for pre-foreclosure homes ranges from $379,900 in Saint Anne to the lowest home value of $28,411 in Kankakee.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Kankakee County, IL ranges from the highest value of $181,113 in Bourbonnais to the lowest value of $29,423 in Pembroke Township. Bank owned homes and properties account for 0.04% of properties in Kankakee County, IL. There are 15 cities within Kankakee County, IL; Bradley containing 4 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsKankakee has 10 auction properties, the highest number of properties going to auction in a single city in the state of Kankakee County, IL. Auction homes and other auction properties account for 0.05% of all properties in Kankakee County, IL. There are 15 cities within Kankakee County, IL; of those cities, the median estimated home value for homes going to auction ranges from $217,920 in Bourbonnais to the lowest value of $43,179 in Bourbonnais.
Compare Nearby Cities
More Real Estate Resources for Kankakee County, IL
Guide for Kankakee County, IL
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