From October to December, 102 homes sold in Kankakee for a median price of $94,250. That's 22.4 percent higher than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, there were no foreclosures in Kankakee.
Median property tax for homeowners in Kankakee was $3,408.68 in 2017 according to tax data from that year. That means homeowners pay 4.4 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: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
99
$83,746
-
2010
82
$82,107
-2%
2011
83
$70,060
-14.7%
2012
87
$59,841
-14.6%
2013
84
$64,800
8.3%
2014
102
$84,535
30.5%
2015
116
$54,325
-35.7%
2016
113
$52,500
-3.4%
2017
127
$77,010
46.7%
2018
102
$94,250
22.4%
Median property tax
Median sale price
Effective property tax rate
2009
$3,195.83
$83,746
3.8%
2010
$3,654.66
$82,107
4.5%
2011
$3,331.94
$70,060
4.8%
2012
$3,384.97
$59,841
5.7%
2013
$3,225.63
$64,800
5%
2014
$3,401.82
$84,535
4%
2015
$3,058.41
$54,325
5.6%
2016
$2,924.56
$52,500
5.6%
2017
$3,408.67
$77,010
4.4%
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