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Kankakee Times

Tuesday, April 23, 2024

Momence home prices rise in January 2020

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The median sale price of a home sold in January 2020 in Momence rose by $18,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

In January 2020, there were three homes sold, with a median sale price of $65,000 - a 38.3% increase over the $47,000 median sale price for the same period of the previous year. There were three homes sold in Momence in January 2019, as well.

The median sales tax in Momence for the most recent year with available data, 2017, was $2,459, approximately 3.8% of the median home sale price for January 2020.

The following table compares Momence to other Kankakee County cities in January 2020:

CityJan. 2020 Home SalesJan. 2019 Home Sales% change (Total Home Sales)Jan. 2020 Median Sales PriceJan. 2019 Median Sales Price% change (Median Sales Price)
Manteno84100%$213,000$130,95062.7%
Limestone10-$185,000$0-
Bourbonnais79-22.2%$170,000$150,00013.3%
Grant Park21100%$140,000$253,000-44.7%
Reddick10-$105,000$0-
Bradley131030%$100,000$127,200-21.4%
Momence330%$65,000$47,00038.3%
Kankakee3212166.7%$48,850$71,500-31.7%
Aroma Park20-$46,500$0-
Hopkins Park10-$18,000$0-
Sun River Terrace00-$0$0-
Buckingham00-$0$0-
Herscher00-$0$0-
Bonfield00-$0$0-
St. Anne00-$0$0-
Chebanse00-$0$0-
Essex01-100%$0$200,000-100%

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