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Kankakee Times

Monday, November 25, 2024

Kankakee County home prices rose in the second half of 2022

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The median sale price of a home sold in the second half of 2022 in Kankakee County rose by $3,000 while total sales decreased by 15.9%.

From July through December of 2022, there were 892 homes sold, with a median sale price of $165,000 - a 1.9% increase over the $162,000 median sale price for the same period of the previous year. There were 1,061 homes sold in Kankakee County in the second half of 2021.

The median sales tax in Kankakee County for the most recent year with available data, 2021, was $3,591 approximately 2.2% of the median home sale price for the second half of 2022.

The following histogram displays changes in median sales prices in Kankakee County from July 2021 to December 2022.

July - Dec. 2021Jan. - June 2022July - Dec. 2022$162000$162000$157950$157950$165000$165000

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