The prices in real estate in Kankakee, in the Illinois region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Kankakee has increased during the last 6 months. In January, the average price per sq.feet was $75. In the following month the price per sq.feet increased to $81. In the following two months the price per sq.feet has increased 105 %, going from $78 to $82 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $80 to $78 during May y June
Based upon to the price in Kankakee (cities), this has gone up in the last 6 months. The price in January is $117,161, rising in February till $123,608. During the following two months (March, April) the price has had an average incrementation from $120,384.5 to $131,519. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $136,053 they are 49 % more affordable than the average price for Kankakee. The properties with the highest average price have 4 bedrooms, Their price is 47 % more costly than the average. After that we have properties with 3 bedrooms priced at $135,778.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $60 / sq.feet, with an average $79 / sq.feet price in Kankakee. The properties with the highest average prices have 1 bedroom. They are 89 % more expensive than the average followed by properties with 3 bedrooms with a price at $83 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $136,053 it is 57 % cheaper than the average price in Kankakee. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $96,447 it is 5 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $45 / sq.feet followed by "Land" priced at $55 / sq.feet. "House" is the cheapest type of property with a $72 / sq.feet value followed by "Land" with an average price of $55 / sq.feet.