During Jan 2023, the average price for an apartment in/near Kankakee, IL increased by 3.9% to $157,339.
Knowing the current property prices is key if you plan to buy a studio in Kankakee, IL. The average price for a studio has decreased since the last month, currently being $28,843. After collecting all data points, we now see that the average price for 1-bed apartment stands at $60,000 with no changes this month. Asking price for 2-bed apartment also increased by 13.1% and a place of this size will now cost you $111,183. A 3-bed apartment goes for $123,259, it increased by 4.1% lately. We discerned the rise of 4- and more bed apartment price. It increased by 2.5% and made it up to $304,826.
Price reports demonstrate that house price increased by 10.6% this month making it up to $182,840. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $58,999. An average value of duplex is $129,900, thus a median price for a duplex remains the same this month. The average price of the land for sale in Kankakee, IL has decreased by 45.5%, and now equals $28,843.