Kankakee County, IL Housing

The housing market in Kankakee County, IL is thriving, with a median value of $168,800 that is significantly lower than the national median value of $338,100. In the last year, house appreciation in Kankakee County was 9.58%, which is higher than the national appreciation rate of 8.27%. This indicates that people are investing in real estate in Kankakee County as there is potential for growth and increased value over time.

The median home cost in Kankakee County is $168,800. Home appreciation the last 10 years has been 52.8%. Home Appreciation in Kankakee County is up 15.4%.

Average Age of Homes

- The median age of Kankakee County real estate is 47 years old

The Rental Market in Kankakee County

- Renters make up 28.8% of the Kankakee County population
- 1.7% of houses and apartments in Kankakee County, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Kankakee, Illinois	United States
	45,288.0	139,647,020.0
	50	42
	$168,800	$338,100
	15.4%	16.6%
	42.7%	57.0%
	52.8%	101.1%
	$24.01	$10.98
	$3,796	$2,690
	60.3%	57.4%
	10.9%	11.2%
	28.7%	31.4%
Vacant Housing
	1.7%	1.9%
	0.3%	0.4%
	1.0%	0.7%
	0.1%	0.4%
	1.3%	3.6%
	6.6%	4.1%
Value of Owner-Occupied Housing
	3.3%	2.6%
	3.2%	2.4%
	4.2%	2.8%
	6.6%	3.9%
	8.4%	4.5%
	19.9%	11.3%
	20.9%	13.0%
	21.7%	20.1%
	7.6%	13.6%
	1.8%	8.3%
	1.1%	9.7%
	0.6%	3.9%
	0.4%	2.2%
	0.1%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.0%	13.6%
	12.0%	13.6%
	11.5%	13.6%
	7.2%	13.2%
	18.1%	14.8%
	11.5%	13.6%
	11.4%	10.0%
	5.7%	4.7%
	17.3%	12.2%

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