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Downtown

KANKAKEE, IL 60901

Real Estate Market Report  ·  Kankakee County
Balanced Market
June 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 60901

Downtown

Market Analysis

Data as of June 2026. Source: Realtor.com.

The KANKAKEE, IL real estate market (60901) currently shows 96 active listings, with 52 pending sales. Homes are averaging 53 days on the market before going under contract.

Inventory has tightened compared to last year, with 26 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 53 days on market compared to 38 days last year.

The median listing price has risen 38.8% year-over-year, from $155,450 to $215,725.

Whether you are buying or selling in KANKAKEE, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 33,968  ·  Density: 134.8/mi²  ·  Median household income: $52,915

Typical home value: $138,076  ·  Homeownership: 59.8%

Market Overview

Active Listings
96
⇩ 21.3% vs 122 last year
Pending
52
54% pending ratio
Median Price
$215,725
⇧ 38.8% vs $155,450 last year
Average Price
$245,586
⇧ 39.6% vs $175,946 last year
Days on Market
53
⇧ 39.5% vs 38 days last year

Price Per Square Foot

Median $/sqft
$139
⇧ 26.4% vs $110/sqft last year
Median Home Size
1,493 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 96 this year vs 122 last year
  • Days on market: 53 now vs 38 last year

Median & Average Pricing

Year over Year
  • Median: $215,725 (+38.8% YoY)
  • Average: $245,586 (+39.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.7 miles — 255 listings ($77,415,111 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60901Kankakee, IL 609010.0 mi104$23,362,352$179,925$224,638
60914Bourbonnais, IL 609145.7 mi69$28,346,511$340,725$410,819
60922Chebanse, IL 609227.4 mi6$1,638,420$213,724$273,070
60950Manteno, IL 609509.8 mi29$10,007,900$359,000$345,100
60941Herscher, IL 6094110.9 mi5$1,049,750$209,950$209,950
60956Papineau, IL 6095613.8 mi1$12,000$12,000$12,000
60935Essex, IL 6093514.6 mi4$1,639,968$348,875$409,992
60917Buckingham, IL 6091715.8 mi3$1,049,700$349,900$349,900
60958Pembroke Township, IL 6095816.4 mi5$513,825$107,500$102,765
60940Grant Park, IL 6094016.6 mi10$4,906,900$368,750$490,690
60912Beaverville, IL 6091218.2 mi2$318,450$159,225$159,225
60408Braidwood, IL 6040819.7 mi15$4,024,335$292,450$268,289
60474South Wilmington, IL 6047419.7 mi2$545,000$272,500$272,500

Frequently Asked Questions

How many homes are for sale in KANKAKEE, IL 60901?

As of June 2026, there are 96 active listings in KANKAKEE, IL (zip code 60901), compared to 122 the prior year.

What is the median home price in KANKAKEE, IL 60901?

The median listing price in KANKAKEE, IL 60901 is $215,725 as of June 2026, a 38.8% increase from $155,450 the prior year.

How long do homes stay on the market in KANKAKEE, IL?

Homes in KANKAKEE, IL 60901 spend an average of 53 days on the market before going under contract, compared to 38 days the prior year.

Is it a seller's or buyer's market in KANKAKEE, IL 60901?

Based on current inventory and days-on-market data as of June 2026, KANKAKEE, IL 60901 is currently a Balanced Market. Inventory has tightened compared to last year, with 26 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 53 days on market compared to 38 days last year.

How much can I save on real estate commission in KANKAKEE, IL?

With SELL123.com's maximum 3% commission, sellers in KANKAKEE, IL 60901 save an estimated $4,315 compared to a typical 5% commission on the median listing price of $215,725. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.