From April through June of 2018, there were 113 homes sold, with a median sale price of $85,000 - a 8.3% increase over the $78,450 median sale price for the same period of the previous year. There were 124 homes sold in Kankakee in the second quarter of 2017.
The median sales tax in Kankakee for the most recent year with available data, 2017, was $2,620.70, approximately 3.1% of the median home sale price for the second quarter of 2018.
The following table compares Kankakee to other Kankakee County cities with similar median sales prices in the second quarter of 2018:
| City | Apr. - June 2018 Home Sales | Apr. - June 2017 Home Sales | % change (Total Home Sales) | Apr. - June 2018 Median Sales Price | Apr. - June 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Bourbonnais | 94 | 93 | 1.1% | $173,750 | $165,000 | 5.3% |
| Herscher | 5 | 9 | -44.4% | $149,900 | $121,000 | 23.9% |
| Grant Park | 12 | 11 | 9.1% | $142,750 | $197,000 | -27.5% |
| Reddick | 1 | 0 | - | $140,000 | $0 | - |
| Limestone | 6 | 11 | -45.5% | $131,250 | $139,000 | -5.6% |
| Bradley | 77 | 71 | 8.5% | $124,900 | $132,000 | -5.4% |
| Momence | 17 | 14 | 21.4% | $110,000 | $117,000 | -6% |
| Kankakee | 113 | 124 | -8.9% | $85,000 | $78,450 | 8.3% |
| St. Anne | 4 | 3 | 33.3% | $64,000 | $55,000 | 16.4% |
| Hopkins Park | 1 | 0 | - | $13,769 | $0 | - |
| Aroma Park | 7 | 7 | 0% | $9,000 | $73,500 | -87.8% |
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