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Kankakee Times

Sunday, November 24, 2024

Kankakee home prices rise in November 2020

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The median sale price of a home sold in November 2020 in Kankakee rose by $45,000 while total sales decreased by 17.9%, according to BlockShopper.com.

In November 2020, there were 23 homes sold, with a median sale price of $135,000 - a 50% increase over the $90,000 median sale price for the same period of the previous year. There were 28 homes sold in Kankakee in November 2019.

The median sales tax in Kankakee for the most recent year with available data, 2019, was $2,544, approximately 1.9% of the median home sale price for November 2020.

The following table compares Kankakee to other Kankakee County cities in November 2020:

CityNov. 2020 Home SalesNov. 2019 Home Sales% change (Total Home Sales)Nov. 2020 Median Sales PriceNov. 2019 Median Sales Price% change (Median Sales Price)
Grant Park24-50%$300,000$213,00040.8%
Manteno12771.4%$262,500$198,00032.6%
Bonfield10-$240,000$0-
Bourbonnais1630-46.7%$236,700$179,90031.6%
Limestone25-60%$197,250$165,00019.5%
Essex4333.3%$158,200$185,000-14.5%
Bradley1620-20%$147,275$111,00032.7%
Kankakee2328-17.9%$135,000$90,00050%
Aroma Park12-50%$123,900$35,250251.5%
Momence660%$100,500$124,000-19%
St. Anne20-$56,125$0-
Chebanse01-100%$0$115,000-100%
Sun River Terrace00-$0$0-
Reddick01-100%$0$190,000-100%
Hopkins Park00-$0$0-
Buckingham00-$0$0-
Herscher03-100%$0$55,000-100%

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