The Kankakee housing market is somewhat competitive. The median sale price of a home in Kankakee was $160K last month, up 8.5% since last year. The median sale price per square foot in Kankakee is $113, up 9.7% since last year.
What is the housing market like in Kankakee today?
In June 2025, Kankakee home prices were up 8.5% compared to last year, selling for a median price of $160K. On average, homes in Kankakee sell after 47 days on the market compared to 52 days last year. There were 23 homes sold in June this year, up from 23 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$160,000
+8.5% YoY | Jun 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2025
Growth
% YoY
Kankakee, IL
$160,000
+8.5%
United States
To compare other locations to the Kankakee and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Kankakee's median sale price is 64% lower than the national average. Overall cost of living in Kankakee is 12% lower than the national average. Learn which home features in Kankakee add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Kankakee housing market?
Kankakee is somewhat competitive. Homes sell in 50 days.
0
100
52
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 50 days.
Hot homes
can sell for about 3% above list price and go pending in around 37 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
97.3%
+0.6 pt YoY | Jun 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2025
Growth
% YoY
Kankakee, IL
97.3%
+0.6 pt
United States
Kankakee Migration & Relocation Trends
In Feb '25 - Apr '25, 16% of Kankakee homebuyers searched to move out of Kankakee, while 84% looked to stay within the metropolitan area.
Where are people moving to Kankakee from?
Across the nation, 3% of homebuyers searched to move into Kankakee from outside metros.
Peoria homebuyers searched to move into Kankakee more than any other metro followed by Rockford and New York.
Where are people from Kankakee moving to?
84% of Kankakee homebuyers searched to stay within the Kankakee metropolitan area.
Cape Coral was the most popular destination among Kankakee homebuyers followed by Phoenix and Sarasota.
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.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Kankakee housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Kankakee.
Flood Factor - Major
25% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Kankakee has a major risk of flooding. 1,653 properties in Kankakee are likely to be
severely affected
by flooding over the next 30 years. This represents 25% of all properties in Kankakee. Flood risk is increasing slower than the national average.
11% of properties are at risk of wildfire over the next 30 years
Fire Factor
Kankakee has a moderate risk of wildfire. There are 1,153 properties in Kankakee that have some risk of being affected by wildfire over the next 30 years. This represents 11% of all properties in Kankakee.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Kankakee has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Kankakee is most at risk from hurricanes. 10,139 properties in Kankakee have some risk of being in a severe wind event within the next 30 years.