Home prices increased in Kankakee during January 2021

Medium realestate077

The median sale price of a home sold in January 2021 in Kankakee rose by $28,750 while total sales decreased by 48.6%, according to BlockShopper.com.

In January 2021, there were 18 homes sold, with a median sale price of $81,750 - a 54.2% increase over the $53,000 median sale price for the same period of the previous year. There were 35 homes sold in Kankakee in January 2020.

The median sales tax in Kankakee for the most recent year with available data, 2019, was $2,544, approximately 3.1% of the median home sale price for January 2021.

The following table compares Kankakee to other Kankakee County cities in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Chebanse10-$375,000$0-
Manteno11837.5%$277,000$213,00030%
Essex10-$215,000$0-
Limestone21100%$210,000$185,00013.5%
Bourbonnais78-12.5%$180,000$176,9501.7%
Bradley413-69.2%$163,000$100,00063%
St. Anne10-$143,500$0-
Aroma Park220%$112,500$46,500141.9%
Kankakee1835-48.6%$81,750$53,00054.2%
Momence63100%$69,950$65,0007.6%
Hopkins Park110%$22,800$18,00026.7%
Reddick01-100%$0$105,000-100%
Buckingham00-$0$0-
Herscher00-$0$0-
Grant Park03-100%$0$138,000-100%
Bonfield00-$0$0-
Sun River Terrace00-$0$0-

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