Momence home prices fall in October 2020

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The median sale price of a home sold in October 2020 in Momence fell by $29,000 while total sales decreased by 76.9%, according to BlockShopper.com.

In October 2020, there were three homes sold, with a median sale price of $76,000 - a 27.6% decrease over the $105,000 median sale price for the same period of the previous year. There were 13 homes sold in Momence in October 2019.

The median sales tax in Momence for the most recent year with available data, 2019, was $2,548, approximately 3.4% of the median home sale price for October 2020.

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

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Manteno69-33.3%$210,000$165,00027.3%
Grant Park51400%$201,500$125,00061.2%
Bourbonnais332-90.6%$195,000$161,50020.7%
Bonfield21100%$166,450$143,00016.4%
Kankakee2445-46.7%$147,500$102,50043.9%
Bradley428-85.7%$111,700$119,100-6.2%
Aroma Park14-75%$91,500$84,4508.3%
St. Anne13-66.7%$76,500$90,000-15%
Momence313-76.9%$76,000$105,000-27.6%
Sun River Terrace00-$0$0-
Reddick00-$0$0-
Hopkins Park01-100%$0$52,000-100%
Buckingham00-$0$0-
Herscher00-$0$0-
Chebanse00-$0$0-
Essex00-$0$0-
Limestone05-100%$0$136,000-100%

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