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Featured local agent — Momence, IL
Sarah Mitchell
Compass Real Estate · Momence, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Momence, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$215,000median sale price
How is the Momence, IL housing market right now?
The median home sale price in Momence, IL is $215,000, up 1.9% year-over-year. Homes sell in an average of 70 days with 5 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Momence a buyer's or seller's market?
Momence, IL is currently a seller's market, based on 1.7 months of supply and homes selling in about 70 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
70
Average pace
Active listings
5
1.7 months supply
Sale-to-list
97.0%
Below asking
What does the Momence housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $215,000 |
| Median list price | $164,987 |
| Year-over-year price change | +1.9% |
| Average days on market | 70 days |
| Active inventory | 5 listings |
| Months of supply | 1.7 months |
| Sale-to-list price ratio | 97.0% |
| Median price per sq ft | $179/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 1 |
| Listings with a price cut | 40.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Momence by property type?
How the Momence, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $215,000 | $179/sq ft | 3 | 70 days |
| Townhouse | $225,000 | $159/sq ft | 1 | 104 days |
Source: Redfin · Updated monthly
The Momence housing market is currently classified as a seller's market with a median sale price of $215,000. Prices have risen 1.9% compared to last year, with homes spending an average of 70 days on market, indicating 1.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.5x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Momence
There are currently 5 homes listed for sale in Momence, Illinois. The median listing price is $165K.
Active listings
5
Homes on market
Median list price
$165K
Avg. days on market
70
Days until sale
New this week
1
Newly listed
Who lives in Momence?
Population
3,076
Median income
$52,048/yr
Median age
36.8 years
Owner-occupied
67.8%
College grads
15.6%
Avg commute
23.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Momence?
Zillow home value
$181,166
Price-to-income
3.5x
Source: Zillow Research
What is it like to live in Momence?
Momence is a community of approximately 3K residents with a median age of 36.8 years.The median household income is $52,048, which represents a working-class community with solid middle-income opportunities. 15.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 67.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 23.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Momence offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Momence?
3 schools tracked · 1,023 students
The largest public schools serving Momence, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Momence Jr High School
Grades 5-8 · 345 students
Momence High School
Grades 9-12 · 340 students
Je-Neir Elem School
Grades K-4 · 338 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Momence, IL?
Want a head-to-head view? Compare Momence side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Momence?
The median home sale price in Momence is $215,000, up 1.9% from last year.
How long do homes stay on market in Momence?
Homes typically spend 70 days on market before going under contract.
What is the median income in Momence?
The median household income is $52,048 per year.
Is Momence a buyer's or seller's market?
With 1.7 months of supply, Momence is currently a seller's market.
What is the Zillow home value estimate for Momence?
The Zillow Home Value Index (ZHVI) for Momence is $181,166, representing the typical home value in the area.
How much does a single-family home cost in Momence?
The median single-family home price in Momence, IL is $215,000 (about $179 per square foot).
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