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Kankakee, IL housing market

Housing market indicators

Indicator 2022202320242025* Change202220232024YTD
Median Listing Price per Square Feet $115 $139 $145 $153 -0.9% 20.9% 4.3% 5.5%
Active Listing Count 173 149 194 215 54.5% -13.9% 30.2% 10.8%
Median Days on Market 56 56 58 53 5.7% 0% 3.6% -8.6%
Share of listings with price increase 0.2% 0.1% 0.1% 0.1%
Share of listings with price decrease 12.1% 14.2% 14.4% 17.4%

* last available value

Home prices

Short term housing supply drivers

Long term housing demand drivers

Long term housing supply drivers




Note: 12M MA - 12 months moving average, Permits - New Private Housing Structures Authorized by Building Permits. Source: FRED


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