Zip 60901 (Kankakee, IL) Housing

Kankakee, IL (60901) has a median housing value of $124,600, which is significantly lower than the US median of $338,100. Although the appreciation rate in Kankakee over the last year has been 7.34%, which is just below the national average of 8.27%, this still makes it an attractive place for potential homebuyers to invest in real estate. With its lower prices and reasonable appreciation rates, Kankakee is a great place to own property.

The median home cost in Kankakee (zip 60901) is $124,600. Home appreciation the last 10 years has been 52.8%. Home Appreciation in Kankakee (zip 60901) is up 15.4%.

Average Age of Homes

- The median age of Kankakee (zip 60901) real estate is 60 years old

The Rental Market in Kankakee (zip 60901)

- Renters make up 35.2% of the Kankakee (zip 60901) population
- 2.6% of houses and apartments in Kankakee (zip 60901), 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
	15,588.0	139,647,020.0
	61	42
	$124,600	$338,100
	15.4%	16.6%
	42.7%	57.0%
	52.8%	101.1%
	$26.28	$10.98
	$3,238	$2,690
	51.1%	57.4%
	14.4%	11.2%
	34.5%	31.4%
Vacant Housing
	2.6%	1.9%
	0.1%	0.4%
	1.0%	0.7%
	0.2%	0.4%
	0.7%	3.6%
	9.8%	4.1%
Value of Owner-Occupied Housing
	3.6%	2.6%
	3.2%	2.4%
	6.5%	2.8%
	12.2%	3.9%
	13.0%	4.5%
	23.1%	11.3%
	16.7%	13.0%
	12.4%	20.1%
	5.2%	13.6%
	1.7%	8.3%
	1.8%	9.7%
	0.4%	3.9%
	0.3%	2.2%
	0.1%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.8%	13.6%
	4.8%	13.6%
	4.6%	13.6%
	2.8%	13.2%
	17.4%	14.8%
	4.6%	13.6%
	14.9%	10.0%
	8.7%	4.7%
	26.3%	12.2%

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