Kankakee, IL
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
Primary Intelligence Tool — Sold Score™
Will your home sell in today's accelerated Kankakee market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Kankakee, IL.
The Kankakee, IL market is currently characterized as Accelerated, with a pending ratio of 0.64 indicating robust demand relative to available inventory. Active listings have contracted by 14.9% year-over-year, contributing to a competitive environment.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
Job Market
Unemployment rate · Jul 2026
Shows whether local employment conditions are supporting buyer demand.
U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).
Population & Migration
Resident population · Jan 2025
Shows whether the area is gaining or losing potential housing demand.
U.S. Census Bureau via FRED (St. Louis Fed).
Future Housing Supply
Data not yet available.
Shows whether future inventory pressure may increase.
What's moving the Kankakee market right now.
Active inventory has significantly declined by 14.9% over the past year, alongside a modest 3.6% reduction in new listings. Despite a slight year-over-year decrease of 0.8 percentage points in the pending ratio to 0.64, demand absorption remains elevated. Median listing prices have increased by 4.0% year-over-year, supported by an 8.1% rise in median price per square foot.
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
The reduced active inventory and strong pending ratio suggest a market where available properties are absorbed at a rapid pace, putting upward pressure on pricing. Prospective purchasers face a competitive environment, necessitating decisive action and limiting opportunities for price negotiation. This dynamic implies reduced optionality for demand and a heightened need for price discipline.
Average listing prices are 15.5% higher than median listing prices, indicating a notable spread within the market. However, with average listing prices growing at a slightly faster rate (6.4% YoY) compared to median listing prices (4.0% YoY), there is no distinct signal of softening in the higher-priced segment from this dataset.
188 active listings represent the current floor, with new supply arriving at roughly 108 per month.
of active listings carry a price reduction, -2.3% from prior period.
Median price per square foot has moved +8.1% year-over-year.
Pending-to-active ratio — Accelerated.
Recommended For This Market
AcceleratedSelling in Kankakee, IL? Inventory is down 15% from last year.
Demand in Kankakee, IL is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.
- Buyer Demand Index
- 64%
- Median Days on Market
- 42 days
- Inventory YoY
- −15%
Demand is strong in Kankakee, IL. Check your Sold Score before you price — conditions this favorable don't hold forever.
See how fast my home should sell →Prefer the data first? Get the monthly Kankakee, IL briefing and watch the market before you list.
How the Sold Score works →Agents: no featured expert covers Kankakee, IL yet — claim this market →
The Monthly Briefing
Stay ahead of the Kankakee market.
One email per month: median price, inventory, days on market, and curated expert commentary — straight from the Primpted data desk.
Metro Demographics
ZIPs in Kankakee, IL
60942
hoopeston
$132K
24 active · 52 DOM
60970
watseka
$150K
23 active · 61 DOM
60950
manteno
$350K
20 active · 25 DOM
60915
bradley
$215K
15 active · 41 DOM
60954
momence
$227K
12 active · 40 DOM
60936
gibson city
$210K
11 active · 36 DOM
60964
saint anne
$250K
11 active · 51 DOM
60948
loda
$288K
10 active · 99 DOM
60966
sheldon
$105K
9 active · 74 DOM
60921
chatsworth
$202K
9 active · 68 DOM
60957
paxton
$195K
9 active · 67 DOM
60911
ashkum
$233K
7 active · 36 DOM
60940
grant park
$412K
6 active · 36 DOM
60938
gilman
$205K
6 active · 75 DOM
60927
clifton
$312K
5 active · 33 DOM
60929
cullom
$175K
5 active · 74 DOM
60963
rossville
$168K
5 active · 19 DOM
60928
crescent city
$104K
4 active · 60 DOM
Sorted by active inventory · click a ZIP for its full report