Momence, IL, Real Estate
Momence, Illinois, is a quaint city in Kankakee County with a population of about 3,000, nestled along the scenic Kankakee River. Steeped in history, Momence boasts a charming downtown with historic buildings, local shops, and eateries that reflect its small-town Midwestern character. The city is known for its vibrant community spirit, highlighted by events like the Glad Festival, which celebrates gladiolus flowers with parades and festivities. Surrounded by lush farmland and offering recreational opportunities like fishing and kayaking on the river, Momence provides a peaceful, welcoming atmosphere for residents and visitors alike.
Momence currently has 18 single family homes for sale with an average list price of $239,183.33 and 9 lots for sale with an average list price of $425,011.11. The average annual property tax for Momence is $2,767.81.
Browse Momence
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 Momence, i.e. what's hot and what's not.
See What's Hot & What's Not in Momence
Market Trends
Momence home sales for the month of October decreased in volume by 25% when compared to last year, while the median sale price rose by 5.6% from $207,450 to $219,000. House sales decreased by 50%, while the median sale price decreased by 18.3% from $207,450 to $169,500. Townhouse sales stayed the same, while the median sale price stayed the same.
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78
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78
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48
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49
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| 2021 | 2022 | 2023 | 2024 |
| # of sales per year | |||
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$174,450
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$161,925
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$152,125
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$180,000
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| 2021 | 2022 | 2023 | 2024 |
| median sale price per year | |||
Median Sale Price for Momence
Number of Sales for Momence
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