Comprehensive market data and analysis• Updated Dec 2025
23.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 8 | 15 | 22 |
| 1-2 acres | 1 | 5 | 7 | 13 |
| 2-5 acres | - | - | 1 | 5 |
| 5-10 acres | 1 | 3 | 3 | 4 |
| 10-20 acres | - | - | 3 | 5 |
| 20-50 acres | - | 1 | 5 | 8 |
| 50-100 acres | 1 | 2 | 7 | 8 |
| 100+ acres | 1 | 1 | 1 | 3 |
| TOTAL | 5 | 20 | 42 | 68 |
Acreage buckets
The median price for land in Kankakee County, Illinois is currently $25K per acre. For a typical parcel, the median sale price is $58K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $20K while premium lots reached $973K.
Kankakee County, Illinois is currently a strong buyer's market with 23.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 1204.3% year-over-year.
Kankakee County, Illinois currently has 23.5 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
There are currently 172 active listings in Kankakee County, Illinois. 26 new listings have hit the market in the last 90 days. The median asking price is $50K.
The 3-month absorption rate in Kankakee County, Illinois is 4.3%. The 12-month rate is 3.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Kankakee County, Illinois typically sells within 243 days of listing. The median time on market is 82 days. Properties are moving slowly in the current strong buyer's market.
The median land price in Kankakee County, Illinois stands at $58K. This translates to roughly $25K per acre for the typical parcel size. The average price is $300K, indicating some higher-priced properties pulling up the average.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.