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Kankakee Times

Monday, November 25, 2024

Momence home prices fall in January 2018

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The median sale price of a home sold in January 2018 in Momence fell by $8,000 while total sales remained unchanged with five homes sold, according to BlockShopper.com.

In January 2018, there were five homes sold, with a median sale price of $107,000 - a 7% decrease over the $115,000 median sale price for the same period of the previous year. There were five homes sold in Momence in January 2017, as well.

The median sales tax in Momence for the most recent year with available data, 2017, was $2,459, approximately 2.3% of the median home sale price for January 2018.

The following table compares Momence to other Kankakee County cities in January 2018:

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Grant Park3250%$215,000$62,324.50245%
Manteno614-57.1%$181,750$139,95029.9%
Bourbonnais1113-15.4%$148,000$147,9000.1%
Bradley1620-20%$110,750$101,2509.4%
Momence550%$107,000$115,000-7%
Bonfield110%$105,000$240,000-56.3%
Kankakee272035%$65,851$40,00064.6%
Chebanse10-$50,000$0-
Essex00-$0$0-
Limestone05-100%$0$150,000-100%
Aroma Park01-100%$0$107,000-100%
Sun River Terrace00-$0$0-
Reddick00-$0$0-
Hopkins Park01-100%$0$52,500-100%
Buckingham00-$0$0-
Herscher02-100%$0$81,500-100%
St. Anne00-$0$0-

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