Property prices for sale in Kankakee (Illinois)
The prices in real estate in Kankakee, in the Illinois region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Kankakee has remained the same in the last 6 months. In November, the average price per sq.feet was $114. In the following month the price per sq.feet decreased to $106. In the following two months the price per sq.feet has barely changed, going from $110 to $106 per sq.feet. The price per sq.feet has increased 108 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $108 to $117 during March, and April.
Based upon to the price in Kankakee (cities), these have remained the same in the last 6 months. The average price for November is $156,817. During December the price had a slight fall till $145,332. In the following two months the average price has remained the same with regard to the previous two months from $151,074.5 to $144,938.5. Based on an analysis of the first four prices and the last two months the average price has gone up 105 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $157,667 they are 35 % more affordable than the average price for Kankakee. The properties with the highest average price have 4 bedrooms, Their price is 34 % more costly than the average. After that we have properties with 3 bedrooms priced at $173,233.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $104 / sq.feet, with an average $111 / sq.feet price in Kankakee. The properties with the highest average prices have 2 bedrooms. They are 7 % more expensive than the average followed by properties with 1 bedroom with a price at $105 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $157,667 it is 68 % cheaper than the average price in Kankakee. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $86,576 it is 3 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $67 / sq.feet followed by "House" priced at $104 / sq.feet. "Land" is the most costly type of property with a $35,795 / sq.feet cost followed by "House" with an average price of $104 / sq.feet.
