Kankakee currently has 85 single family homes for sale with an average list price of $198,843, 2 condos for sale with an average list price of $69,450, and 45 lots for sale with an average list price of $70,978. The average annual property tax for Kankakee is $3,531.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Kankakee, i.e. what's hot and what's not.
See What's Hot & What's Not in KankakeeKankakee home sales for the month of December decreased in volume by 11.5% when compared to last year, while the median sale price rose by 0.5% from $149,300 to $150,000. House sales decreased by 8%, while the median sale price decreased by 5.5% from $158,700 to $150,000.
394
|
386
|
333
|
316
|
2021 | 2022 | 2023 | 2024 |
# of sales per year |
$130,000
|
$140,000
|
$145,500
|
$157,250
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |
HomesByMarco agents are experts in the area. If you're looking to buy or sell a home, give us a call today at 888-326-2726.