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Kankakee Times

Sunday, June 8, 2025

Falling home prices in Momence in December 2021

Webp re 11

The median sale price of a home sold in December 2021 in Momence fell by $56,000 while total sales decreased by 40%, according to BlockShopper.com.

In December 2021, there were three homes sold, with a median sale price of $112,000 - a 33.3% decrease over the $168,000 median sale price for the same period of the previous year. There were five homes sold in Momence in December 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 December 2021.

The following table compares Momence to other Kankakee County cities in December 2021:

CityDec. 2021 Home SalesDec. 2020 Home Sales% change (Total Home Sales)Dec. 2021 Median Sales PriceDec. 2020 Median Sales Price% change (Median Sales Price)
Bourbonnais1428-50%$205,773$195,4505.3%
Manteno812-33.3%$202,250$191,4705.6%
Limestone12-50%$182,300$186,500-2.3%
Bradley1025-60%$148,950$135,00010.3%
St. Anne13-66.7%$129,900$127,0002.3%
Herscher110%$127,000$176,000-27.8%
Kankakee1646-65.2%$114,000$100,00014%
Momence35-40%$112,000$168,000-33.3%
Grant Park06-100%$0$255,240-100%
Bonfield03-100%$0$350,000-100%
Chebanse02-100%$0$155,642.25-100%
Essex00-$0$0-
Aroma Park01-100%$0$70,000-100%
Sun River Terrace00-$0$0-
Reddick02-100%$0$721,250-100%
Hopkins Park00-$0$0-
Buckingham00-$0$0-

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