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Kankakee Times

Tuesday, November 19, 2024

Kankakee County home valuation prices rose in August compared to the same period in 2023

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Kankakee County Recorder Lori Gadbois (2023) | https://www.facebook.com/LoriGadboisRecorder/

Kankakee County Recorder Lori Gadbois (2023) | https://www.facebook.com/LoriGadboisRecorder/

In August, the median sale price of a home in Kankakee County rose by $23,000 from the same period in the previous year, while total sales decreased by 26.5%, according to BlockShopper.com.

Data shows that there were 111 homes sold in August, with a median sale price of $189,500 - a 13.8% increase over the $166,500 median sale price for the same period of the previous year. There were 151 homes sold in Kankakee County in August 2023.

For context, the median sales tax in Kankakee County, based on the latest available data from 2021, was $3,591, which stands at 1.9% of August's median home sale price.

The following histogram displays changes in median sales prices in Kankakee County from August 2023 to August 2024.

August 2023September 2023October 2023November 2023December 2023January 2024February 2024March 2024April 2024May 2024June 2024July 2024August 2024$166,500$166,500$202,450$202,450$159,000$159,000$177,250$177,250$180,000$180,000$151,500$151,500$160,000$160,000$175,000$175,000$168,000$168,000$185,000$185,000$204,000$204,000$197,000$197,000$189,500$189,500

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