Altos Market Data for Realtors

Kankakee, IL 60901

Single-Family Homes

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Kankakee, IL 60901

Sat Nov 15 2025
This week the median list price for Kankakee, IL 60901 is $184,950 with the market action index hovering around 33. This is an increase over last month's market action index of 31. Inventory has decreased to 100. Click here to stay informed with the Kankakee market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Kankakee, IL 60901

Sat Nov 15 2025
This week the median list price for Kankakee, IL 60901 is $184,950 with the market action index hovering around 33. This is an increase over last month's market action index of 31. Inventory has decreased to 100. Click here to stay informed with the Kankakee market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Kankakee market.
Median List Price $184,950
Median Price of New Listings $184,900
Per Square Foot $118
Average Days on Market 87
Median Days on Market 63
Price Decreased 46%
Price Increased 0%
Relisted 15%
Inventory 100
Median Rent
Market Action 33
Slight Seller's Advantage

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$315,000 2,323 0.25 - 0.5 acre 4 2.5 54 1 0 70
$210,000 1,669 - 4 2 79 2 4 56
$149,900 1,301 - 3 1 85 3 2 49
$90,000 1,023 - 3 1 111 1 3 133