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Kankakee Times

Monday, August 4, 2025

December 2020: Kankakee experienced a 20.2% increase in median home prices

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The median sale price of a home sold in December 2020 in Kankakee rose by $15,950 while total sales increased by 8.6%, according to BlockShopper.com.

In December 2020, there were 38 homes sold, with a median sale price of $94,950 - a 20.2% increase over the $79,000 median sale price for the same period of the previous year. There were 35 homes sold in Kankakee in December 2019.

The median sales tax in Kankakee for the most recent year with available data, 2019, was $2,544, approximately 2.7% of the median home sale price for December 2020.

The following table compares Kankakee to other Kankakee County cities with similar median sale prices in December 2020:

CityDec. 2020 Home SalesDec. 2019 Home Sales% change (Total Home Sales)Dec. 2020 Median Sales PriceDec. 2019 Median Sales Price% change (Median Sales Price)
Bonfield23-33.3%$347,500$125,000178%
Grant Park63100%$255,240$128,00099.4%
Bourbonnais1729-41.4%$218,000$190,00014.7%
Momence413-69.2%$206,500$110,00087.7%
Manteno1013-23.1%$191,470$198,000-3.3%
Limestone20-$186,500$0-
Herscher110%$176,000$99,00077.8%
Bradley221457.1%$137,500$111,00023.9%
St. Anne3250%$127,000$55,500128.8%
Kankakee38358.6%$94,950$79,00020.2%
Aroma Park110%$70,000$131,000-46.6%

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