Mokena, IL

Balanced market+14.9% YoY

Housing market overview · Updated weekly

$496,500median sale price

Homes sold

14

Last 12 weeks

Days on market

106

Average pace

Active listings

47

3.4 months supply

Sale-to-list

98.6%

Below asking

The Mokena housing market is currently classified as a balanced market with a median sale price of $496,500. Prices have risen 14.9% compared to last year, with homes spending an average of 106 days on market, indicating 3.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Mokena

There are currently 47 homes listed for sale in Mokena, Illinois. The median listing price is $440K.

Active listings

47

Homes on market

Median list price

$440K

Avg. days on market

106

Days until sale

New this week

23

Newly listed

Price drops:8.5%of listings
Sale-to-list:98.6%

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Frequently asked questions

What is the average home price in Mokena?

The median home sale price in Mokena is $496,500, up 14.9% from last year.

How long do homes stay on market in Mokena?

Homes typically spend 106 days on market before going under contract.

Is Mokena a buyer's or seller's market?

With 3.4 months of supply, Mokena is currently a balanced market.

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