All Home Types
Kankakee, IL Housing Market
What is the housing market like in Kankakee today?
In October 2024, Kankakee home prices were up 19.9% compared to last year, selling for a median price of $165K. On average, homes in Kankakee sell after 72 days on the market compared to 39 days last year. There were 21 homes sold in October this year, up from 20 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$165,000
+19.9% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Kankakee, IL
$165,000
+19.9%
United States
Kankakee Migration & Relocation Trends
In Sep '24 - Nov '24, 14% of Kankakee homebuyers searched to move out of Kankakee, while 86% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Kankakee from outside metros.
- New York homebuyers searched to move into Kankakee more than any other metro followed by Peoria and St. Louis.
Where are people moving to Kankakee from?
- 86% of Kankakee homebuyers searched to stay within the Kankakee metropolitan area.
- Cape Coral was the most popular destination among Kankakee homebuyers followed by Milwaukee and South Bend.
Where are people from Kankakee moving to?
Number of People Moving to Kankakee
least
most
People are moving to Kankakee from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 2,027 | ||
| 2 | 1,058 | ||
| 3 | 865 | ||
| 4 | 636 | ||
| 5 | 626 | ||
| 6 | 501 | ||
| 7 | 397 | ||
| 8 | 334 | ||
| 9 | 196 | ||
| 10 | 192 | ||
People are leaving Kankakee for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 1,343 | ||
| 2 | 1,227 | ||
| 3 | 1,217 | ||
| 4 | 973 | ||
| 5 | 834 | ||
| 6 | 664 | ||
| 7 | 608 | ||
| 8 | 603 | ||
| 9 | 599 | ||
| 10 | 593 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Kankakee.
Provided by First Street Foundation
Transportation in Kankakee
Learn about the walkability, bikeability, and transit-friendliness of Kankakee
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