Photo: Jaylon Vermost · CC BY 4.0124 homes sold in Kewanee in the last year, at a typical $87K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Kewanee homes are listed.
Every place Kewanee homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Kewanee.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 97% of Kewanee’s sales, at a typical $88K
124 homes sold in the year to May 2026.
typical sale · 120 sold in 12 months
- Per square foot
- $77IL $180
- Days to sell
- 35
- Sold over asking
- 33%
- Listings with a price cut
- 20%
Multi-family (2–4 units): 2 sold, typical $86K
Townhouses: 2 sold, typical $88K
Too few sales in 12 months for reliable figures.
More homes sell than most years, at 2.7 times the 2016 price
124 sales in the last year, against 144 in 2025 and a low of 26 in 2015. The typical sale went from $32K in 2016 to $87K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $150K buys in Kewanee
Check a listing against what Kewanee homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Kewanee are more common than before the pandemic, with about as many homes for sale
We read every month of Kewanee’s home sales since 2013 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 124 sales.
If you’re buying in Kewanee
- Shop in August. It brings about 8 new listings a month, close to the busiest month, with fewer bidding wars (22% over asking).
- Offer under asking. Buyers paid 97.5% of the list price on average; 33% paid over.
- You’ll usually have time. Only 36% of homes go under contract within two weeks; the typical one takes 35 days.
Summer brings the homes; spring brings the bidding wars
August has the most new listings (about 8 a month), but April is the most competitive: 30% of April sales close over asking. February has the least competition (11%) but only about 3 new listings.
Averages for each calendar month, 2015 on.
Hotter than in 2021, and about like Illinois as a whole
| Kewanee now | 2017–19 | 2021 peak | IL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 33% | 11% | 18% | 37% |
| Gone within two weeksShare of homes under contract within 14 days | 36% | 5% | 0% | 46% |
| Listings with a price cutShare of homes for sale that cut their price | 21% | — | — | 19% |
| Price paid vs. askingAverage sale price ÷ list price | 97.5% | 91.9% | 94.1% | 99.2% |
| Days to sellMedian days from listing to contract | 35 | 124 | 76 | 49 |
21 homes for sale on a typical day
That’s 3.8 times the 2022 low (6) and about the 2017–19 level.
1 in 5 listings has cut its price
21% in the last year, against — in 2017–19 and 19% across Illinois.
Kewanee ranks 222nd of 324 busy Illinois markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Kewanee is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2013 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Kewanee home costs about $587 a month
Price: Kewanee’s typical sale, last 12 months. Property tax at Kewanee’s 1.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Kewanee is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in August
The month with the most choice. February has the fewest, about 3.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $87K home, about $1,590 a year.
Taxes vs. neighborsSchools
The schools grade for Kewanee, from test results, graduation and how much students grow.
Schools in KewaneeCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Galva sells for less a square foot; Geneseo and Oak Run for far more
The busier markets within 25 miles of Kewanee, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Kewanee | 124 | $87K | $75 | 33% | 35 |
| Geneseo | 77 | $192K | $121 | 31% | 31 |
| Oak Run | 49 | $347K | $171 | 8% | 56 |
| Galva | 24 | $101K | $71 | 25% | 86 |
| Cambridge | 24 | $122K | $79 | 13% | 74 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Kewanee, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Kewanee. People who follow the town see it, and so do people comparing Kewanee with their own town. No commission, no listing fee.
Questions about buying a home in Kewanee
What do homes sell for in Kewanee, IL?
124 homes sold in the year to May 2026 at a typical $87K, $75 a square foot.
Is Kewanee a buyer’s or seller’s market?
A seller’s market: 19 homes were for sale in May 2026 and 15 sold, about 1.3 months of supply. Buyers paid 97.5% of asking on average, and 21% of listings cut their price.
When is the best time to buy in Kewanee?
August brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Kewanee?
About 1.8% of a home’s value a year. On a $87K home that’s near $1,590.
Where can I see homes for sale in Kewanee?
Zillow, Redfin, Realtor.com and Homes.com all carry Kewanee’s MLS listings; the search links above open each one filtered to Kewanee.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).