Kankakee County, IL Home Values & Market Trends
The median home price in Kankakee County, IL is $180,227.3. There were 1,855 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 $170,625. The number of current listings in Kankakee County, IL is 48, and the percentage of properties for sale is 13.79%. The county has 300 foreclosures, 11 bank owned properties, 17 headed for auction, and 48 properties for sale.
Housing Market Summary for Kankakee County, IL
| Apr 2022 | April 2023 | Change | |
|---|---|---|---|
| Median Listing Price | $180.5K | $162.6K | -9.91% |
| Median Sold Price | $162.3K | $162.6K | 0.21% |
| Homes For Sale | 119 | 42 | -64.71% |
| Homes Sold | 1,034 | 746 | -27.85% |
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 $12,287 to $1,402,649. Reddick is the priciest city with a median listing home price of $345,000, and Pembroke Township is most affordable with average house prices of around $79,900.
- Pre-ForeclosurePre-foreclosure homes account for 0.84% of all residential properties in Kankakee County, IL with Kankakee containing 98 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 16 cities within Kankakee County, IL; of those cities, the estimated home value for pre-foreclosure homes ranges from $486,525 in Essex to the lowest home value of $26,257 in Kankakee.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Kankakee County, IL ranges from the highest value of $338,146 in Bourbonnais to the lowest value of $50,562 in Kankakee. Bank owned homes and properties account for 0.03% of properties in Kankakee County, IL. There are 16 cities within Kankakee County, IL; Bourbonnais containing 5 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsKankakee has 6 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 16 cities within Kankakee County, IL; of those cities, the median estimated home value for homes going to auction ranges from $324,005 in Bourbonnais to the lowest value of $60,687 in $Bourbonnais.
