From April to June, 113 homes sold in Kankakee for a median price of $85,000. That's 6.2 percent higher than median home sale prices for the second quarter of 2017.
In the second quarter, there were no foreclosures in Kankakee.
Median property tax for homeowners in Kankakee was $3,293.01 in 2017 according to tax data from that year. That means homeowners pay 4.1 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Kankakee real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
98
$87,750
-
2010
107
$87,780
0%
2011
77
$72,320
-17.6%
2012
82
$81,750
13%
2013
96
$78,968
-3.4%
2014
85
$56,180
-28.9%
2015
118
$69,165
23.1%
2016
120
$64,930
-6.1%
2017
124
$80,019
23.2%
2018
113
$85,000
6.2%
Median property tax
Median sale price
Effective property tax rate
2009
$3,519.78
$87,750
4%
2010
$3,344.23
$87,780
3.8%
2011
$3,215.64
$72,320
4.4%
2012
$3,262.56
$81,750
4%
2013
$3,186.83
$78,968
4%
2014
$2,883.75
$56,180
5.1%
2015
$3,333.67
$69,165
4.8%
2016
$3,026.74
$64,930
4.7%
2017
$3,293
$80,019
4.1%
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