Kankakee, IL 60901 Real Estate & Property Data

Kankakee, IL 60901 Real Estate Market Trends
Last Updated: April 27, 2024

A total of 664 residential properties have been sold over the past 12 months in 60901. With a median sales price of $157,000 in 60901 and a total of 5 foreclosures in Kankakee, IL 60901. Discover market trends and get the granular level real estate data for Kankakee, IL 60901 to keep your pulse on the housing market. Curate compelling home reports for Kankakee, IL 60901 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Kankakee, IL 60901 Real Estate Market Trends
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 60901 Real Estate Overview

There were 664 residential properties sold in the past year in Kankakee, IL 60901. The median home value in Kankakee, IL 60901 is $132,149. There are a total of 11,369 residential properties in the 60901.

Median Sales Price i
$157,000
(Feb 2024)
+32.2%
year-over-year
y-o-y
  • 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
  • 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
  • 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
  • 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
  • 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
  • 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 60901 Foreclosure Activity

There were a total of 5 Kankakee, IL 60901 properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 5 Kankakee, IL 60901 properties and repossessed 2 Kankakee, IL 60901 properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
5
(Feb 2024)
+25%
year-over-year
y-o-y
  • 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
  • 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
  • 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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