Kankakee County, IL Real Estate & Property Data

Kankakee County Real Estate Market Trends
Last Updated: March 03, 2024

With up-to-date real estate data get detailed insight into Kankakee County, IL sourced from the nation’s leading property data provider. The current median home price in Kankakee County, IL is $176,500. Kankakee County real estate data shows that there have been a total of 1,839 residential properties sold over the past 12 months. ATTOM’s Kankakee County real estate data indicates that the county has 18 properties in foreclosure and 11 REOs (real estate bank owned) properties.

Kankakee County Real Estate Market Trends
Total Residential Properties 36,017
Total Commercial Properties 3,705
Avg. Home Age (Single Family Home) N/A
Avg. Square Feet (Single Family Home) N/A
Total 2024 Residential Sales (year-to-date) 113
% of Homes Seriously Underwater (Q1 2024) 1.18%
Total 2023 Residential Sales 1,726
% of Equity Rich Homes (Q1 2024) 27.19%
Effective 2023 Property Tax 2.12%
Total Foreclosure Filings (year-to-date) 18
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Kankakee County, IL Real Estate Overview

There were 1,839 residential properties sold in the past year in Kankakee County, IL. The median home value in Kankakee County, IL is $180,204. There are a total of 36,017 residential properties in the Kankakee.

Median Sales Price i
$176,500
(Jan 2024)
-2.5%
year-over-year
y-o-y
  • January '24 Jan '24 $176,500
  • December '23 Dec '23 $199,000
  • November '23 Nov '23 $231,000
  • October '23 Oct '23 $201,000
  • September '23 Sep '23 $210,000
  • August '23 Aug '23 $184,000
  • July '23 Jul '23 $207,500
  • June '23 Jun '23 $212,500
  • May '23 May '23 $210,000
  • April '23 Apr '23 $174,000
  • March '23 Mar '23 $170,000
  • February '23 Feb '23 $129,000
Median Down Payment i
$15,750
(Jan 2024)
-44.8%
year-over-year
y-o-y
  • January '24 Jan '24 $15,750
  • December '23 Dec '23 $22,746
  • November '23 Nov '23 $28,575
  • October '23 Oct '23 $20,270
  • September '23 Sep '23 $27,652
  • August '23 Aug '23 $12,875
  • July '23 Jul '23 $24,000
  • June '23 Jun '23 $13,375
  • May '23 May '23 $15,250
  • April '23 Apr '23 $9,462
  • March '23 Mar '23 $13,800
  • February '23 Feb '23 $9,400
Number of Homes Sold i
113
(Jan 2024)
+0.9%
year-over-year
y-o-y
  • January '24 Jan '24 113
  • December '23 Dec '23 170
  • November '23 Nov '23 108
  • October '23 Oct '23 168
  • September '23 Sep '23 166
  • August '23 Aug '23 168
  • July '23 Jul '23 177
  • June '23 Jun '23 156
  • May '23 May '23 140
  • April '23 Apr '23 133
  • March '23 Mar '23 139
  • February '23 Feb '23 89
Number of Purchase Loans i
85
(Jan 2024)
+1.2%
year-over-year
y-o-y
  • January '24 Jan '24 85
  • December '23 Dec '23 84
  • November '23 Nov '23 74
  • October '23 Oct '23 99
  • September '23 Sep '23 120
  • August '23 Aug '23 124
  • July '23 Jul '23 139
  • June '23 Jun '23 108
  • May '23 May '23 91
  • April '23 Apr '23 115
  • March '23 Mar '23 89
  • February '23 Feb '23 62
Number of REFI Loans i
44
(Jan 2024)
year-over-year
y-o-y
  • January '24 Jan '24 44
  • December '23 Dec '23 33
  • November '23 Nov '23 76
  • October '23 Oct '23 59
  • September '23 Sep '23 53
  • August '23 Aug '23 52
  • July '23 Jul '23 65
  • June '23 Jun '23 63
  • May '23 May '23 47
  • April '23 Apr '23 47
  • March '23 Mar '23 62
  • February '23 Feb '23 24
Number of HELOC Loans i
47
(Jan 2024)
+20.5%
year-over-year
y-o-y
  • January '24 Jan '24 47
  • December '23 Dec '23 40
  • November '23 Nov '23 54
  • October '23 Oct '23 53
  • September '23 Sep '23 48
  • August '23 Aug '23 82
  • July '23 Jul '23 56
  • June '23 Jun '23 41
  • May '23 May '23 41
  • April '23 Apr '23 56
  • March '23 Mar '23 60
  • February '23 Feb '23 44

Kankakee County, IL Real Estate Market Overview

Last 30 days
  • City
    Median Est. Value
  • City
    Median Est. Value
  • City
    Median Est. Value

Kankakee County, IL Foreclosure Activity

There were a total of 18 Kankakee County, IL properties with a foreclosure filing in January 2024. Lenders started the foreclosure process on 17 Kankakee County, IL properties and repossessed 11 Kankakee County, IL properties through completed foreclosures (REOs) in January 2024.

Total Foreclosure Filings i
18
(Jan 2024)
+80%
year-over-year
y-o-y
  • January '24 Jan '24 18
  • December '23 Dec '23 19
  • November '23 Nov '23 7
  • October '23 Oct '23 18
  • September '23 Sep '23 21
  • August '23 Aug '23 16
  • July '23 Jul '23 19
  • June '23 Jun '23 10
  • May '23 May '23 11
  • April '23 Apr '23 22
  • March '23 Mar '23 5
  • February '23 Feb '23 11
Foreclosure Starts i
17
(Jan 2024)
+70%
year-over-year
y-o-y
  • January '24 Jan '24 17
  • December '23 Dec '23 18
  • November '23 Nov '23 5
  • October '23 Oct '23 14
  • September '23 Sep '23 16
  • August '23 Aug '23 16
  • July '23 Jul '23 18
  • June '23 Jun '23 10
  • May '23 May '23 10
  • April '23 Apr '23 14
  • March '23 Mar '23 4
  • February '23 Feb '23 6
Completed Foreclosures (REOs) i
11
(Jan 2024)
+57.1%
year-over-year
y-o-y
  • January '24 Jan '24 11
  • December '23 Dec '23 5
  • November '23 Nov '23 7
  • October '23 Oct '23 2
  • September '23 Sep '23 12
  • August '23 Aug '23 4
  • July '23 Jul '23 6
  • June '23 Jun '23 6
  • May '23 May '23 2
  • April '23 Apr '23 4
  • March '23 Mar '23 8
  • February '23 Feb '23 6
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