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Kankakee, IL Real Estate & Property Data

Kankakee Real Estate Market Trends
Last Updated: April 24, 2024

Accurate and comprehensive real estate data is critical for insight into Kankakee, IL. ATTOM’s Kankakee real estate data is updated daily, and current market trends show that in Kankakee, IL a total of 664 residential properties have sold over the past year. With a median home price of $157,000 in Kankakee and a total of 5 foreclosures. Get detailed property data for Kankakee, IL instantly. ATTOM is your one-stop-shop for the Kankakee property reports and real estate data you need in Kankakee, IL.

Kankakee Real Estate Market Trends
Get property data for any address in Kankakee, IL or the country:
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    • Zip Code: 60093
    • City: Chicago, IL
    • Address: 123 Main St, Chicago, IL
Total Residential Properties 11,369
Total Commercial Properties 1,383
Avg. Home Age (Single Family Home) N/A
Avg. Square Feet (Single Family Home) N/A
Total 2024 Residential Sales (year-to-date) 82
% of Homes Seriously Underwater (Q2 2024) 1.64%
Total 2023 Residential Sales 618
% of Equity Rich Homes (Q2 2024) 25.44%
Effective 2023 Property Tax 2.44%
Total Foreclosure Filings (year-to-date) 12
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Kankakee, IL Real Estate Overview

There were 664 residential properties sold in the past year in Kankakee, IL. The median home value in Kankakee, IL is $132,149. There are a total of 11,369 residential properties in the Kankakee.

Median Sales Price i
$157,000
(Feb 2024)
+32.2%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 $157,000
  • January '24 Jan '24 $157,000
  • December '23 Dec '23 $170,000
  • November '23 Nov '23 $178,000
  • October '23 Oct '23 $155,000
  • September '23 Sep '23 $184,750
  • August '23 Aug '23 $156,000
  • July '23 Jul '23 $173,000
  • June '23 Jun '23 $163,000
  • May '23 May '23 $163,750
  • April '23 Apr '23 $152,000
  • March '23 Mar '23 $140,000
Median Down Payment i
$9,325
(Feb 2024)
+63.5%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 $9,325
  • January '24 Jan '24 $7,750
  • December '23 Dec '23 $14,000
  • November '23 Nov '23 $20,000
  • October '23 Oct '23 $15,000
  • September '23 Sep '23 $8,755
  • August '23 Aug '23 $8,550
  • July '23 Jul '23 $13,935
  • June '23 Jun '23 $7,350
  • May '23 May '23 $6,281
  • April '23 Apr '23 $8,925
  • March '23 Mar '23 $7,740
Number of Homes Sold i
38
(Feb 2024)
-38.7%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 38
  • January '24 Jan '24 44
  • December '23 Dec '23 42
  • November '23 Nov '23 35
  • October '23 Oct '23 60
  • September '23 Sep '23 51
  • August '23 Aug '23 62
  • July '23 Jul '23 64
  • June '23 Jun '23 56
  • May '23 May '23 40
  • April '23 Apr '23 50
  • March '23 Mar '23 60
Number of Purchase Loans i
22
(Feb 2024)
-29%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 22
  • January '24 Jan '24 30
  • December '23 Dec '23 23
  • November '23 Nov '23 26
  • October '23 Oct '23 34
  • September '23 Sep '23 37
  • August '23 Aug '23 50
  • July '23 Jul '23 56
  • June '23 Jun '23 38
  • May '23 May '23 24
  • April '23 Apr '23 55
  • March '23 Mar '23 37
Number of REFI Loans i
18
(Feb 2024)
+100%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 18
  • January '24 Jan '24 11
  • December '23 Dec '23 10
  • November '23 Nov '23 19
  • October '23 Oct '23 19
  • September '23 Sep '23 11
  • August '23 Aug '23 18
  • July '23 Jul '23 16
  • June '23 Jun '23 23
  • May '23 May '23 18
  • April '23 Apr '23 11
  • March '23 Mar '23 27
Number of HELOC Loans i
6
(Feb 2024)
-64.7%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 6
  • January '24 Jan '24 10
  • December '23 Dec '23 10
  • November '23 Nov '23 13
  • October '23 Oct '23 12
  • September '23 Sep '23 12
  • August '23 Aug '23 27
  • July '23 Jul '23 17
  • June '23 Jun '23 10
  • May '23 May '23 10
  • April '23 Apr '23 18
  • March '23 Mar '23 20

Kankakee, IL Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value

Kankakee, IL Foreclosure Activity

There were a total of 5 Kankakee, IL properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 5 Kankakee, IL properties and repossessed 2 Kankakee, IL properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
5
(Feb 2024)
+25%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 5
  • January '24 Jan '24 7
  • December '23 Dec '23 5
  • November '23 Nov '23 2
  • October '23 Oct '23 9
  • September '23 Sep '23 9
  • August '23 Aug '23 7
  • July '23 Jul '23 9
  • June '23 Jun '23 4
  • May '23 May '23 2
  • April '23 Apr '23 10
  • March '23 Mar '23 3
Foreclosure Starts i
5
(Feb 2024)
+150%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 5
  • January '24 Jan '24 7
  • December '23 Dec '23 5
  • November '23 Nov '23 1
  • October '23 Oct '23 6
  • September '23 Sep '23 7
  • August '23 Aug '23 7
  • July '23 Jul '23 9
  • June '23 Jun '23 4
  • May '23 May '23 2
  • April '23 Apr '23 6
  • March '23 Mar '23 2
Completed Foreclosures (REOs) i
2
(Feb 2024)
+100%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 2
  • January '24 Jan '24 1
  • December '23 Dec '23 N/A
  • November '23 Nov '23 1
  • October '23 Oct '23 1
  • September '23 Sep '23 3
  • August '23 Aug '23 N/A
  • July '23 Jul '23 2
  • June '23 Jun '23 3
  • May '23 May '23 N/A
  • April '23 Apr '23 1
  • March '23 Mar '23 1
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