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Kankakee Times

Saturday, November 23, 2024

Momence home prices rise in February 2018

Re 6

The median sale price of a home sold in February 2018 in Momence rose by $12,000 while total sales increased by 66.7%, according to BlockShopper.com.

In February 2018, there were five homes sold, with a median sale price of $172,000 - a 7.5% increase over the $160,000 median sale price for the same period of the previous year. There were three homes sold in Momence in February 2017.

The median sales tax in Momence for the most recent year with available data, 2017, was $2,459, approximately 1.4% of the median home sale price for February 2018.

The following table compares Momence to other Kankakee County cities with similar median sales prices in February 2018:

CityFeb. 2018 Home SalesFeb. 2017 Home Sales% change (Total Home Sales)Feb. 2018 Median Sales PriceFeb. 2017 Median Sales Price% change (Median Sales Price)
Manteno45-20%$221,500$172,00028.8%
Grant Park41300%$211,000$182,50015.6%
Bonfield10-$175,000$0-
Momence5366.7%$172,000$160,0007.5%
Bradley1011-9.1%$171,000$104,00064.4%
Bourbonnais723-69.6%$162,000$155,0004.5%
Aroma Park110%$150,000$214,900-30.2%
Chebanse10-$137,000$0-
Kankakee2223-4.3%$87,743.50$45,00095%
Herscher31200%$81,800$103,600-21%
St. Anne110%$59,500$15,000296.7%

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