The story of this market
The typical home in ZIP 60901 sells for about $209,000, or $127 per square foot.
Prices are up +6.2% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,045 a month.
ZIP 60901 — Kankakee
The Kankakee housing market shows moderate activity with a median listing price of $209,000. Market conditions are influenced by a limited inventory of 171 active listings and a median time on market of 45 days. Data reflects a stable environment with year-over-year price appreciation.
Median prices moved up 6.2% year over year.
Homes spend a median of 45 days on market with 3.8 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.9% · poverty 20.2% — a mixed stability profile.
versus the prior ACS vintage
ZCTA 60901, Kankakee County IL
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Illinois) — Property Tax Assessment (Fair Cash Value): Property is assessed at 33 1/3% of its fair cash value. The tax bill is calculated by multiplying the equalized assessed value (EAV) by the aggregate tax rate of the local taxing districts.
not determinable
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.