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Kankakee Times

Tuesday, August 5, 2025

How did home prices perform in Chebanse during the fourth quarter of 2021?

Webp realestate2

The median sale price of a home sold in the fourth quarter of 2021 in Chebanse fell by $129,560 while total sales remained unchanged with four homes sold, according to BlockShopper.com.

From October through December of 2021, there were four homes sold, with a median sale price of $106,083 - a 55% decrease over the $235,642 median sale price for the same period of the previous year. There were four homes sold in Chebanse in the fourth quarter of 2020, as well.

The median sales tax in Chebanse for the most recent year with available data, 2019, was $3,327, approximately 3.1% of the median home sale price for the fourth quarter of 2021.

The following table compares Chebanse to other Kankakee County cities with similar median sale prices in the fourth quarter of 2021:

CityOct. - Dec. 2021 Home SalesOct. - Dec. 2020 Home Sales% change (Total Home Sales)Oct. - Dec. 2021 Median Sales PriceOct. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Bonfield58-37.5%$191,500$267,500-28.4%
Essex440%$177,750$158,20012.4%
Limestone78-12.5%$170,000$185,000-8.1%
Aroma Park550%$162,000$91,50077%
Hopkins Park10-$155,000$0-
Bradley7687-12.6%$154,950$132,50016.9%
Momence201625%$152,500$104,00046.6%
St. Anne67-14.3%$135,950$76,50077.7%
Kankakee122130-6.2%$113,000$117,000-3.4%
Chebanse440%$106,082.50$235,642.25-55%
Sun River Terrace30-$25,000$0-

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