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Kankakee Times

Saturday, November 30, 2024

Momence home prices fall in the second quarter of 2018

Realestate1

The median sale price of a home sold in the second quarter of 2018 in Momence fell by $7,000 while total sales increased by 21.4%, according to BlockShopper.com.

From April through June of 2018, there were 17 homes sold, with a median sale price of $110,000 - a 6% decrease over the $117,000 median sale price for the same period of the previous year. There were 14 homes sold in Momence in the second quarter of 2017.

The median sales tax in Momence for the most recent year with available data, 2017, was $2,459.40, approximately 2.2% of the median home sale price for the second quarter of 2018.

The following table compares Momence to other Kankakee County cities with similar median sales prices in the second quarter of 2018:

CityApr. - June 2018 Home SalesApr. - June 2017 Home Sales% change (Total Home Sales)Apr. - June 2018 Median Sales PriceApr. - June 2017 Median Sales Price% change (Median Sales Price)
Bourbonnais94931.1%$173,750$165,0005.3%
Herscher59-44.4%$149,900$121,00023.9%
Grant Park12119.1%$142,750$197,000-27.5%
Reddick10-$140,000$0-
Limestone611-45.5%$131,250$139,000-5.6%
Bradley77718.5%$124,900$132,000-5.4%
Momence171421.4%$110,000$117,000-6%
Kankakee113124-8.9%$85,000$78,4508.3%
St. Anne4333.3%$64,000$55,00016.4%
Hopkins Park10-$13,769$0-
Aroma Park770%$9,000$73,500-87.8%

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