The median sale price of a home sold in April in Kankakee rose by $1,500 while total sales increased by 13.3 percent, according to BlockShopper.com.
In April, there were 51 homes sold, with a median sale price of $96,500 - a 1.6 percent increase over the $95,000 median sale price for the same period of the previous year. There were 45 homes sold in Kankakee in April 2021.
The median sales tax in Kankakee for the most recent year with available data, 2019, was $2,544, approximately 2.6 percent of the median home sale price for April.
The following table compares Kankakee to other Kankakee County cities with similar median sale prices in April:
| City | April 2022 Home Sales | April 2021 Home Sales | % change (Total Home Sales) | April 2022 Median Sales Price | April 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Chebanse | 1 | 0 | - | $250,000 | $0 | - |
| Bourbonnais | 24 | 17 | 41.2 | $222,500 | $195,000 | 14.1 |
| Bradley | 29 | 24 | 20.8 | $200,000 | $131,200 | 52.4 |
| Essex | 3 | 1 | 200 | $200,000 | $45,000 | 344.4 |
| Momence | 1 | 13 | -92.3 | $195,000 | $178,000 | 9.6 |
| Herscher | 2 | 0 | - | $167,500 | $0 | - |
| Aroma Park | 1 | 1 | 0 | $138,000 | $138,000 | 0 |
| Grant Park | 2 | 3 | -33.3 | $137,000 | $180,000 | -23.9 |
| Kankakee | 51 | 45 | 13.3 | $96,500 | $95,000 | 1.6 |
| Limestone | 1 | 4 | -75 | $80,000 | $116,950 | -31.6 |
| Sun River Terrace | 2 | 0 | - | $41,500 | $0 | - |
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