56Alpha

Kankakee County, IL Housing Market Brief

county · IL · as of July 2026

Balanced

What is Kankakee County, IL’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
62
Inventory Health25%
49
Affordability20%
70
Economic Strength20%
35
Rental Yield15%
69

Where is Kankakee County, IL in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Kankakee County, IL is classified as Growing strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Kankakee County, IL?

Our model forecasts Kankakee County, IL’s home prices to rise about 3.4% over the next 12 months (high confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Kankakee County, IL housing market data

MetricValueYoY
Median Sale Price$240K▲ +7.3%
Median Days on Market65 days▲ +30%
Months of Supply3.50%
Homes for Sale298-3.6%
Homes Sold85-3.4%
Median Price / Sq Ft$164▲ +2.8%

How has Kankakee County, IL’s Alpha Score moved?

Now: 56
12-period trend
Median sale price · 12 mo

Markets like Kankakee County, IL

Frequently asked questions

Is Kankakee County, IL a buyer's or seller's market?

As of July 2026, Kankakee County, IL is classified as a Balanced Market, based on its Alpha Score of 56 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Kankakee County, IL?

The median sale price in Kankakee County, IL is $240K, having risen 7.3% over the past year.

How affordable is Kankakee County, IL?

Kankakee County, IL scores 70 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Kankakee County, IL's Alpha Score?

Kankakee County, IL's strongest dimension is Affordability (70/100) and its weakest is Economic Strength (35/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Kankakee County, IL? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.