Kankakee County First-Time Homebuyer Report for October

The population of Kankakee County is growing slower than the rest of Illinois, at a 10-year growth rate of 9.3%. It's a larger than average county compared to the rest of the state, with 113,449 residents. The three cities with the largest populations are Kankakee, Bourbonnais, and Bradley. With a median age of 39 years, homes in Kankakee County tend to be relatively old. Heading the list of top schools in the county is Lincoln Cltrl Ctr-Montessori Elementary School.

Price Range

The median value of homes in Kankakee County is $110,700, making it one of the most valuable areas in Illinois. At the same time, the average list price of available homes is presently $123,275.

Curious as to which homes have been getting the most attention in Kankakee County? These listings have stirred up interest and produced the most views:

$199K   $149K   $335K  

Typical Dwelling

A three-bedroom detached home valued around $134,275 is considered a typical dwelling in Kankakee County. If a buyer was looking for a similar home, they would need good credit and a $26,855 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $750 and the property tax rate is $18.98 per $1,000 of taxable assessed value.

Get started right now by checking out Kankakee County homes for sale or reviewing Kankakee County real estate trends.

Data reported through 10/13/2016


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Coldwell Banker
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