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Kankakee Times

Saturday, May 18, 2024

Momence median home prices rose by 35.4% in August 2021

Re 6

The median sale price of a home sold in August 2021 in Momence rose by $46,000 while total sales decreased by 55.6%, according to BlockShopper.com.

In August 2021, there were four homes sold, with a median sale price of $176,000 - a 35.4% increase over the $130,000 median sale price for the same period of the previous year. There were nine homes sold in Momence in August 2020.

The median sales tax in Momence for the most recent year with available data, 2019, was $2,548, approximately 1.4% of the median home sale price for August 2021.

The following table compares Momence to other Kankakee County cities with similar median sale prices in August 2021:

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Grant Park36-50%$425,000$287,50047.8%
Manteno919-52.6%$256,900$229,00012.2%
Bourbonnais440-90%$256,250$179,95042.4%
Momence49-55.6%$176,000$130,00035.4%
Bradley1823-21.7%$166,000$149,90010.7%
Limestone12-50%$150,000$131,50014.1%
St. Anne20-$122,500$0-
Chebanse110%$96,000$191,950-50%
Bonfield12-50%$95,000$242,000-60.7%
Aroma Park20-$77,200$0-
Kankakee1533-54.5%$72,500$129,900-44.2%

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