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Momence home prices fall in April 2019

Real Estate

By Local Labs News Service | May 7, 2019

Re 9

The median sale price of a home sold in April 2019 in Momence fell by $17,900 while total sales decreased by 20%, according to BlockShopper.com.

In April 2019, there were four homes sold, with a median sale price of $82,000 - a 17.9% decrease over the $99,900 median sale price for the same period of the previous year. There were five homes sold in Momence in April 2018.

The median sales tax in Momence for the most recent year with available data, 2017, was $2,459, approximately 3% of the median home sale price for April 2019.

The following table compares Momence to other Kankakee County cities in April 2019:

City
Apr. 2019 Home Sales
Apr. 2018 Home Sales
% change (Total Home Sales)
Apr. 2019 Median Sales Price
Apr. 2018 Median Sales Price
% change (Median Sales Price)
Manteno
7
15
-53.3%
$232,500
$152,000
53%
Bourbonnais
5
29
-82.8%
$158,000
$172,000
-8.1%
Kankakee
5
31
-83.9%
$156,250
$84,500
84.9%
Bradley
4
23
-82.6%
$134,700
$129,900
3.7%
Momence
4
5
-20%
$82,000
$99,900
-17.9%
Reddick
0
0
-
$0
$0
-
Hopkins Park
0
1
-100%
$0
$13,769
-100%
Buckingham
0
0
-
$0
$0
-
Herscher
0
2
-100%
$0
$130,000
-100%
Grant Park
0
2
-100%
$0
$109,950
-100%
Bonfield
0
1
-100%
$0
$300,000
-100%
St. Anne
0
1
-100%
$0
$78,000
-100%
Chebanse
0
1
-100%
$0
$237,500
-100%
Essex
0
0
-
$0
$0
-
Limestone
0
3
-100%
$0
$110,000
-100%
Aroma Park
0
0
-
$0
$0
-
Sun River Terrace
0
0
-
$0
$0
-

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