52Alpha

Kankakee County, IL Housing Market Brief

county · IL · as of May 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%
-2.162
Inventory Health25%
+5.547
Affordability20%
55
Economic Strength20%
34
Rental Yield15%
65

Where is Kankakee County, IL in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

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

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%
Sale-to-List Ratio98.2%0%

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

Now: 52
3-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 May 2026, Kankakee County, IL is classified as a Balanced Market, based on its Alpha Score of 52 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 55 out of 100 on affordability — moderately 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 Rental Yield (65/100) and its weakest is Economic Strength (34/100). 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.