Cities with the fastest-growing home prices in the Kankakee metro area

Written by:
November 22, 2024
Volodymyr Kyrylyuk // Shutterstock

Cities with the fastest-growing home prices in the Kankakee metro area

The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.

The typical home value in the United States was $358,761 in November, 2.3% higher than the year before.

Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.

Stacker compiled a list of cities with the most expensive homes in the Kankakee, IL metro area using data from Zillow. Charts show the monthly typical home value since January 2018.

You may also like: Highest-ranked pizza restaurants in Kankakee by diners
1 / 15
Stacker

#15. Hopkins Park, IL

- 1-year price change: -$14,440 (-15.2%)
- 5-year price change: +$279,925 (data not available)
- Typical home value: $80,290 (#15 most expensive city in metro)

2 / 15
Stacker

#14. Buckingham, IL

- 1-year price change: -$2,112 (-1.0%)
- 5-year price change: +$279,925 (data not available)
- Typical home value: $213,881 (#6 most expensive city in metro)

3 / 15
Stacker

#13. Saint Anne, IL

- 1-year price change: -$158 (-0.1%)
- 5-year price change: +$28,148 (+26.7%)
- Typical home value: $133,376 (#14 most expensive city in metro)

4 / 15
Stacker

#12. Reddick, IL

- 1-year price change: +$3,870 (+1.9%)
- 5-year price change: +$53,881 (+35.7%)
- Typical home value: $204,648 (#9 most expensive city in metro)

5 / 15
Stacker

#11. Herscher, IL

- 1-year price change: +$7,166 (+3.5%)
- 5-year price change: +$57,224 (+36.6%)
- Typical home value: $213,569 (#7 most expensive city in metro)

You may also like: Where people in Kankakee are looking to buy homes
6 / 15
Stacker

#10. Chebanse, IL

- 1-year price change: +$8,597 (+5.4%)
- 5-year price change: +$57,224 (data not available)
- Typical home value: $167,349 (#10 most expensive city in metro)

7 / 15
Stacker

#9. Grant Park, IL

- 1-year price change: +$8,805 (+3.4%)
- 5-year price change: +$71,466 (+36.4%)
- Typical home value: $267,543 (#4 most expensive city in metro)

8 / 15
Stacker

#8. Bradley, IL

- 1-year price change: +$8,861 (+5.6%)
- 5-year price change: +$49,761 (+42.7%)
- Typical home value: $166,385 (#11 most expensive city in metro)

9 / 15
Stacker

#7. Kankakee, IL

- 1-year price change: +$10,166 (+7.9%)
- 5-year price change: +$47,363 (+52.0%)
- Typical home value: $138,498 (#13 most expensive city in metro)

10 / 15
Stacker

#6. Limestone, IL

- 1-year price change: +$11,460 (+5.8%)
- 5-year price change: +$62,458 (+42.6%)
- Typical home value: $209,148 (#8 most expensive city in metro)

You may also like: Cities with the most expensive homes in the Kankakee metro area
11 / 15
Stacker

#5. Bonfield, IL

- 1-year price change: +$11,856 (+4.4%)
- 5-year price change: +$80,769 (+40.5%)
- Typical home value: $280,024 (#2 most expensive city in metro)

12 / 15
Stacker

#4. Essex, IL

- 1-year price change: +$12,824 (+5.3%)
- 5-year price change: +$84,491 (+49.5%)
- Typical home value: $255,327 (#5 most expensive city in metro)

13 / 15
Stacker

#3. Momence, IL

- 1-year price change: +$14,746 (+10.0%)
- 5-year price change: +$52,340 (+47.4%)
- Typical home value: $162,659 (#12 most expensive city in metro)

14 / 15
Stacker

#2. Manteno, IL

- 1-year price change: +$16,455 (+5.9%)
- 5-year price change: +$90,054 (+44.3%)
- Typical home value: $293,422 (#1 most expensive city in metro)

15 / 15
Stacker

#1. Bourbonnais, IL

- 1-year price change: +$18,137 (+7.1%)
- 5-year price change: +$86,384 (+45.7%)
- Typical home value: $275,400 (#3 most expensive city in metro)

You may also like: Best restaurants for 4 cuisines in Kankakee

Trending Now