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Kankakee Times

Friday, April 26, 2024

Kankakee home prices rise in February 2019

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The median sale price of a home sold in February 2019 in Kankakee rose by $21,007 while total sales decreased by 90.9%, according to BlockShopper.com.

In February 2019, there were two homes sold, with a median sale price of $108,750 - a 23.9% increase over the $87,744 median sale price for the same period of the previous year. There were 22 homes sold in Kankakee in February 2018.

The median sales tax in Kankakee for the most recent year with available data, 2017, was $2,621, approximately 2.4% of the median home sale price for February 2019.

The following table compares Kankakee to other Kankakee County cities in February 2019:

CityFeb. 2019 Home SalesFeb. 2018 Home Sales% change (Total Home Sales)Feb. 2019 Median Sales PriceFeb. 2018 Median Sales Price% change (Median Sales Price)
Bradley110-90%$119,900$171,000-29.9%
Bourbonnais17-85.7%$110,000$162,000-32.1%
Kankakee222-90.9%$108,750$87,743.5023.9%
Bonfield01-100%$0$175,000-100%
St. Anne01-100%$0$59,500-100%
Chebanse01-100%$0$137,000-100%
Momence05-100%$0$172,000-100%
Essex00-$0$0-
Limestone00-$0$0-
Aroma Park01-100%$0$150,000-100%
Sun River Terrace01-100%$0$19,500-100%
Manteno04-100%$0$221,500-100%
Reddick00-$0$0-
Hopkins Park00-$0$0-
Buckingham00-$0$0-
Herscher03-100%$0$81,800-100%
Grant Park04-100%$0$211,000-100%

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