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CHEBANSE, IL 60922

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

Market Overview

Active Listings
5
⇧ 150% vs 2 last year
Pending
1
20% pending ratio
Median Price
$199,999
⇩ 10.1% vs $222,500 last year
Average Price
$264,940
⇧ 19.1% vs $222,500 last year
Days on Market
45
⇧ 136.8% vs 19 days last year

Market Context

Population: 2,557  ·  Density: 18.0/mi²  ·  Median household income: $72,917

Typical home value: $154,882  ·  Homeownership: 69.9%

Market Analysis

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

The CHEBANSE, IL real estate market (60922) currently shows 5 active listings, with 1 pending sales. Homes are averaging 45 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 45 days on market compared to 19 days last year.

The median listing price has fallen 10.1% year-over-year, from $222,500 to $199,999.

Whether you are buying or selling in CHEBANSE, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 2 last year
  • Days on market: 45 now vs 19 last year

Median & Average Pricing

Year over Year
  • Median: $199,999 (-10.1% YoY)
  • Average: $264,940 (+19.1% 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 19.2 miles — 277 listings ($76,019,381 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60922Chebanse, IL 609220.0 mi5$1,324,700$199,999$264,940
60901Kankakee, IL 609017.4 mi105$22,948,905$174,950$218,561
60941Herscher, IL 609418.9 mi5$997,250$202,450$199,450
60964Saint Anne, IL 609649.6 mi17$4,805,764$258,750$282,692
60951Martinton, IL 6095110.9 mi4$699,668$169,900$174,917
60913Bonfield, IL 6091312.4 mi1$289,900$289,900$289,900
60914Bourbonnais, IL 6091413.0 mi64$25,607,104$345,000$400,111
60946Kempton, IL 6094615.9 mi1$1,500,000$1,500,000$1,500,000
60919Cabery, IL 6091916.6 mi2$290,000$145,000$145,000
60950Manteno, IL 6095017.2 mi27$9,421,110$359,900$348,930
60970Watseka, IL 6097017.4 mi40$6,830,480$135,000$170,762
60928Crescent City, IL 6092818.2 mi4$1,019,600$254,900$254,900
60931Donovan, IL 6093119.2 mi2$284,900$142,450$142,450

Frequently Asked Questions

How many homes are for sale in CHEBANSE, IL 60922?

As of January 2026, there are 5 active listings in CHEBANSE, IL (zip code 60922), compared to 2 the prior year.

What is the median home price in CHEBANSE, IL 60922?

The median listing price in CHEBANSE, IL 60922 is $199,999 as of January 2026, a 10.1% decrease from $222,500 the prior year.

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

Homes in CHEBANSE, IL 60922 spend an average of 45 days on the market before going under contract, compared to 19 days the prior year.

Is it a seller's or buyer's market in CHEBANSE, IL 60922?

Based on current inventory and days-on-market data as of January 2026, CHEBANSE, IL 60922 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 45 days on market compared to 19 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CHEBANSE, IL 60922 save an estimated $4,000 compared to a typical 5% commission on the median listing price of $199,999. 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.