Kankakee, IL Real Estate Market Summary – September 7, 2026
In Kankakee, IL, the real estate market has seen a total of 17 homes sold in the past 30 days, averaging to about 1 home every 1.76 days. The average sale price of homes is approximately $169,882, with a median price of $184,000.
| Metric | 30 Days |
|---|---|
| Number Sold | 17 |
| Sold Per Day | 1 every 1.76 days |
| Average SQFT | 1332 |
| Median Sales Price | $184,000 |
| Average Sales Price | $169,882 |
| Average Price Per SQFT | $116 |
| Average Days on Market | 14 |
| Average Year Built | 1946 |
Kankakee, IL Single Family Home Analysis
For single-family homes, 15 properties were sold, with an average sale price of $166,933 and a median of $184,000. The average living area for these homes was about 1,361 square feet, and they typically took approximately 14 days to sell.
| Metric | 30 Days |
|---|---|
| Number Sold | 15 |
| Sold Per Day | 1 every 2.00 days |
| Average SQFT | 1361 |
| Median Sales Price | $184,000 |
| Average Sales Price | $166,933 |
| Average Price Per SQFT | $120 |
| Average Days on Market | 15 |
| Average Year Built | 1943 |
Kankakee, IL Condo & Townhome Analysis
Only 1 condo or townhouse was sold, priced at $54,000. This unit had a living area of 900 square feet and took around 30 days to sell, reflecting a very limited activity in this segment.
| Metric | 30 Days |
|---|---|
| Number Sold | 1 |
| Sold Per Day | 1 every 30.00 days |
| Average SQFT | 900 |
| Median Sales Price | $54,000 |
| Average Sales Price | $54,000 |
| Average Price Per SQFT | $60 |
| Average Days on Market | not provided |
| Average Year Built | 1960 |
Buyer & Seller Analysis
- 1 home sold approximately every 1.76 days across all segments.
- Average days on market for homes is around 14 days.
- Median sale price for homes stands at $184,000.
- The condo segment had very little activity, with just 1 transaction.
Conclusion
Overall, the Kankakee market is showing steady movement with a consistent pace of home transactions. The data suggests a stable environment for homeowners and potential buyers.