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.

Home Value$278,782

+10.0%

Prices rising — worse for buyers.

Affordability

Enter your income for Essex.

Income (annual)

Down Payment

$55,756 on $278,782

Example: $75,000 household income. Change it above to see your own.

Stretch33.2% 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$1.93M Winnetka$1.73M Glencoe$1.51M Bannockburn$1.22M Golf$1.19M Hinsdale$1.18M Lake Forest$1.14M South Barrington$1.08M

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

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Essex, IL