Housing · Kankakee
Kankakee, IL housing market
Homes typically sell in 64 days, below asking.
Home values, sales, trends and how Kankakee compares with the towns next door — updated as new data is published.
The market right now
Kankakee at a glance
Median sale price
$146K
May 2026 · Redfin
Days on market
64
Illinois: 43 days
Sale-to-list
94.2%
Homes sell below asking
Homes sold
20
in May · 81 for sale
Market temperature
A balanced market
Buyer's marketBalancedSeller's market
About 4.1 months of supply: neither buyers nor sellers have a clear edge.
Nearby
Kankakee and its neighbors
The towns that share a border. Tap one to see its housing page.
Affordability
2.2 years of income
The typical Kankakee home costs about 2.2 years of the town's median household income, less than across Illinois (3.6 years).
How Kankakee ranks on affordability →
Home value ÷ ACS median household income.
The homes
Owners, rent & taxes
Homeownership
50.8%
Illinois: 67.1%
Median tax bill
$3,054
Illinois: $5,298
Median rent
$1,023
Illinois: $1,274
Typical home built
1956
Illinois: 1971
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.