Essex, Illinois, is a small, unincorporated village nestled in Kankakee County, known for its quiet, rural charm and tight-knit community. Located about 60 miles southwest of Chicago, Essex offers a peaceful escape from the hustle of city life, with sprawling farmlands and open spaces defining its landscape. The village, though modest in size, has a rich history tied to the agricultural roots of the region, with many residents connected to farming or local businesses. Its proximity to the Kankakee River adds a scenic backdrop, making it a quaint spot for those who appreciate small-town living in the heart of Illinois.
Essex currently has 6 single family homes for sale with an average list price of $436,616.67 and 24 lots for sale with an average list price of $253,867.04. The average annual property tax for Essex is $4,287.09.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Essex, i.e. what's hot and what's not.
See What's Hot & What's Not in EssexEssex home sales for the month of July stayed the same in volume when compared to last year, while the median sale price rose by 118.8% from $160,000 to $350,000. House sales stayed the same, while the median sale price rose by 118.8% from $160,000 to $350,000.
17
|
13
|
4
|
8
|
2021 | 2022 | 2023 | 2024 |
# of sales per year |
$270,000
|
$250,000
|
$136,500
|
$229,000
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |