Sun River Terrace, Illinois, is a small village in Kankakee County with a population of 455 as of the 2020 census. Nestled along the southeast side of the Kankakee River, it offers a serene, community-focused environment with a dense suburban feel, ideal for those seeking a quiet escape from urban life. The village, incorporated in 1980, hosts events like the annual Village Fest at the Ralph J. Bailey Community Center, featuring car shows, live music, and family activities, fostering a strong sense of camaraderie. With its rich history tied to Illinois’ agricultural roots and access to outdoor activities like hiking and birdwatching, Sun River Terrace embodies Midwestern hospitality and small-town charm
Sun River Terrace currently has 6 lots for sale with an average list price of $80,816.67. The average annual property tax for Sun River Terrace is $1,754.41.
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 Sun River Terrace, i.e. what's hot and what's not.
See What's Hot & What's Not in Sun River TerraceSun River Terrace home sales for the month of August stayed the same in volume when compared to last year, while the median sale price stayed the same. House sales stayed the same, while the median sale price stayed the same.
2
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2
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1
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1
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2021 | 2022 | 2023 | 2024 |
# of sales per year |
$41,000
|
$81,500
|
$82,500
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$125,000
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |