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Kankakee Times

Friday, April 26, 2024

Momence home prices rise in November 2019

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The median sale price of a home sold in November 2019 in Momence rose by $32,925 while total sales decreased by 25%, according to BlockShopper.com.

In November 2019, there were six homes sold, with a median sale price of $124,000 - a 36.2% increase over the $91,075 median sale price for the same period of the previous year. There were eight homes sold in Momence in November 2018.

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

The following table compares Momence to other Kankakee County cities with similar median sales prices in November 2019:

CityNov. 2019 Home SalesNov. 2018 Home Sales% change (Total Home Sales)Nov. 2019 Median Sales PriceNov. 2018 Median Sales Price% change (Median Sales Price)
Manteno711-36.4%$198,000$189,9004.3%
Reddick10-$190,000$0-
Essex3250%$185,000$158,00017.1%
Bourbonnais302142.9%$179,900$165,0009%
Limestone5425%$165,000$117,20040.8%
Momence68-25%$124,000$91,07536.2%
Chebanse110%$115,000$142,400-19.2%
Bradley201442.9%$111,000$131,000-15.3%
Kankakee2839-28.2%$90,000$115,850-22.3%
Herscher31200%$55,000$81,900-32.8%
Aroma Park220%$35,250$213,500-83.5%

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