From January through March of 2020, there were 68 homes sold, with a median sale price of $66,500 - a 3.5% decrease over the $68,900 median sale price for the same period of the previous year. There were 37 homes sold in Kankakee in the first quarter of 2019.
The median sales tax in Kankakee for the most recent year with available data, 2017, was $2,621, approximately 3.9% of the median home sale price for the first quarter of 2020.
The following table compares Kankakee to other Kankakee County cities with similar median sales prices in the first quarter of 2020:
| City | Jan. - Mar. 2020 Home Sales | Jan. - Mar. 2019 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2020 Median Sales Price | Jan. - Mar. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Bradley | 29 | 20 | 45% | $140,000 | $113,450 | 23.4% |
| Grant Park | 4 | 3 | 33.3% | $137,500 | $152,500 | -9.8% |
| St. Anne | 2 | 2 | 0% | $114,450 | $102,500 | 11.7% |
| Momence | 8 | 4 | 100% | $114,250 | $58,000 | 97% |
| Reddick | 1 | 0 | - | $105,000 | $0 | - |
| Aroma Park | 4 | 1 | 300% | $102,000 | $150,000 | -32% |
| Chebanse | 2 | 0 | - | $78,500 | $0 | - |
| Kankakee | 68 | 37 | 83.8% | $66,500 | $68,900 | -3.5% |
| Essex | 1 | 1 | 0% | $50,000 | $200,000 | -75% |
| Hopkins Park | 1 | 0 | - | $18,000 | $0 | - |
| Sun River Terrace | 1 | 0 | - | $16,000 | $0 | - |
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