Call or Text (240) SELL-123

KANKAKEE, IL 60901

Real Estate Market Report  ·  Kankakee County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
105
⇧ 12.9% vs 93 last year
Pending
36
34% pending ratio
Median Price
$174,950
⇩ 2.5% vs $179,450 last year
Average Price
$218,561
⇧ 3.1% vs $211,929 last year
Days on Market
73
⇧ 12.3% vs 65 days last year

Market Context

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

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

Market Analysis

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

The KANKAKEE, IL real estate market (60901) currently shows 105 active listings, with 36 pending sales. Homes are averaging 73 days on the market before going under contract.

Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 73 days on market compared to 65 days last year.

The median listing price has fallen 2.5% year-over-year, from $179,450 to $174,950.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for KANKAKEE, IL 60901 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 105 this year vs 93 last year
  • Days on market: 73 now vs 65 last year

Median & Average Pricing

Year over Year
  • Median: $174,950 (-2.5% YoY)
  • Average: $218,561 (+3.1% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.9 miles — 248 listings ($74,173,369 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60901Kankakee, IL 609010.0 mi105$22,948,905$174,950$218,561
60914Bourbonnais, IL 609145.7 mi64$25,607,104$345,000$400,111
60922Chebanse, IL 609227.4 mi5$1,324,700$199,999$264,940
60950Manteno, IL 609509.8 mi27$9,421,110$359,900$348,930
60941Herscher, IL 6094110.9 mi5$997,250$202,450$199,450
60956Papineau, IL 6095613.8 mi1$12,000$12,000$12,000
60935Essex, IL 6093514.6 mi3$1,248,900$339,000$416,300
60917Buckingham, IL 6091715.8 mi3$1,223,100$407,700$407,700
60958Pembroke Township, IL 6095816.4 mi6$646,680$120,000$107,780
60940Grant Park, IL 6094016.6 mi10$4,649,670$339,950$464,967
60912Beaverville, IL 6091218.2 mi2$278,900$139,450$139,450
60408Braidwood, IL 6040819.7 mi15$4,380,150$319,462$292,010
60930Danforth, IL 6093019.9 mi2$1,434,900$717,450$717,450

Frequently Asked Questions

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

As of January 2026, there are 105 active listings in KANKAKEE, IL (zip code 60901), compared to 93 the prior year.

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

The median listing price in KANKAKEE, IL 60901 is $174,950 as of January 2026, a 2.5% decrease from $179,450 the prior year.

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

Homes in KANKAKEE, IL 60901 spend an average of 73 days on the market before going under contract, compared to 65 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 January 2026, KANKAKEE, IL 60901 is currently a Buyer's Market. Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 73 days on market compared to 65 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 $3,499 compared to a typical 5% commission on the median listing price of $174,950. 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.