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Kankakee Times

Tuesday, August 5, 2025

November 2021: Kankakee experienced a 19.4% drop in median home prices

Webp re 13

The median sale price of a home sold in November 2021 in Kankakee fell by $25,800 while total sales increased by 23.5%, according to BlockShopper.com.

In November 2021, there were 42 homes sold, with a median sale price of $107,200 - a 19.4% decrease over the $133,000 median sale price for the same period of the previous year. There were 34 homes sold in Kankakee in November 2020.

The median sales tax in Kankakee for the most recent year with available data, 2019, was $2,544, approximately 2.4% of the median home sale price for November 2021.

The following table compares Kankakee to other Kankakee County cities with similar median sale prices in November 2021:

CityNov. 2021 Home SalesNov. 2020 Home Sales% change (Total Home Sales)Nov. 2021 Median Sales PriceNov. 2020 Median Sales Price% change (Median Sales Price)
Grant Park220%$214,950$300,000-28.4%
Herscher30-$205,000$0-
St. Anne3250%$195,000$56,125247.4%
Momence8633.3%$187,500$100,50086.6%
Essex440%$177,750$158,20012.4%
Aroma Park3250%$168,000$91,95082.7%
Bonfield41300%$165,250$240,000-31.1%
Bradley2732-15.6%$154,900$130,75018.5%
Kankakee423423.5%$107,200$132,999.50-19.4%
Chebanse31200%$72,165$415,000-82.6%
Sun River Terrace20-$41,000$0-

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