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Kankakee Times

Wednesday, September 3, 2025

The first quarter of 2021: Momence experienced a 14.1% drop in median home prices

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The median sale price of a home sold in the first quarter of 2021 in Momence fell by $18,000 while total sales increased by 40%, according to BlockShopper.com.

From January through March of 2021, there were 14 homes sold, with a median sale price of $109,950 - a 14.1% decrease over the $127,950 median sale price for the same period of the previous year. There were 10 homes sold in Momence in the first quarter of 2020.

The median sales tax in Momence for the most recent year with available data, 2019, was $2,548, approximately 2.3% of the median home sale price for the first quarter of 2021.

The following table compares Momence to other Kankakee County cities with similar median sale prices in the first quarter of 2021:

CityJan. - Mar. 2021 Home SalesJan. - Mar. 2020 Home Sales% change (Total Home Sales)Jan. - Mar. 2021 Median Sales PriceJan. - Mar. 2020 Median Sales Price% change (Median Sales Price)
Limestone94125%$180,500$152,90018.1%
Reddick110%$166,000$105,00058.1%
Herscher52150%$152,500$119,50027.6%
Bradley3242-23.8%$150,450$137,5009.4%
Grant Park440%$146,000$137,5006.2%
Momence141040%$109,950$127,950-14.1%
St. Anne220%$106,700$114,450-6.8%
Kankakee8586-1.2%$95,000$72,493.5031%
Aroma Park660%$82,000$109,750-25.3%
Hopkins Park12-50%$22,800$21,7504.8%
Sun River Terrace110%$18,500$16,00015.6%

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