The median home in Essex, Illinois is valued at $278,782, up 10.0% year over year. Essex is part of the Kankakee, IL metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Kankakee, IL stress score, crash risk, and 12-month forecast →

Home Value$278,782

+10.0%

AFFORDABILITY

Enter your income for Essex.

Income (annual)

Down Payment

$55,756 on $278,782

Stretch — 33.2% of income

Above 28% but manageable with cuts.

PITI$2,078

P/I33.2%

Afford$235K

Gap-$44K

P&I $1,410Tax $518Ins $150

6.50% 30yr, 20% down, county tax + IL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Illinois

Compare Essex with other housing markets across Illinois.

Kenilworth$1927K Winnetka$1731K Glencoe$1507K Bannockburn$1222K Golf$1186K Hinsdale$1182K Lake Forest$1136K South Barrington$1077K

Full Kankakee, IL analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Kankakee, IL metro.

View Kankakee, IL metro →

ESSEX, IL