From January to March, 11 homes sold in Momence for a median price of $107,000. That's 8.8 percent lower than median home sale prices for the first quarter of 2017.
In the first quarter, there were no foreclosures in Momence.
Median property tax for homeowners in Momence was $3,270.50 in 2016 according to tax data from that year. That means homeowners pay 3.9 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.
Momence real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
4
$149,175
-
2010
9
$93,480
-37.3%
2011
7
$79,100
-15.4%
2012
5
$92,650
17.1%
2013
11
$56,160
-39.4%
2014
11
$45,050
-19.8%
2015
12
$103,350
129.4%
2016
8
$84,000
-18.7%
2017
11
$117,300
39.6%
2018
11
$107,000
-8.8%
Median property tax
Median sale price
Effective property tax rate
2009
$2,302.06
$149,175
1.5%
2010
$2,549.65
$93,480
2.7%
2011
$2,863.98
$79,100
3.6%
2012
$2,423.07
$92,650
2.6%
2013
$1,809.54
$56,160
3.2%
2014
$1,927.14
$45,050
4.3%
2015
$3,050.69
$103,350
3%
2016
$3,270.49
$84,000
3.9%
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