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Featured local agent — Monee, IL
Sarah Mitchell
Compass Real Estate · Monee, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Monee, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$277,500median sale price
How is the Monee, IL housing market right now?
The median home sale price in Monee, IL is $277,500, down 10.5% year-over-year. Homes sell in an average of 44 days with 23 active listings. The market is currently a balanced 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 Monee a buyer's or seller's market?
Monee, IL is currently a balanced market, based on 5.8 months of supply and homes selling in about 44 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
44
Average pace
Active listings
23
5.8 months supply
Sale-to-list
101.3%
Above asking
What does the Monee housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $277,500 |
| Median list price | $315,000 |
| Year-over-year price change | -10.5% |
| Average days on market | 44 days |
| Active inventory | 23 listings |
| Months of supply | 5.8 months |
| Sale-to-list price ratio | 101.3% |
| Median price per sq ft | $128/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 11 |
| Listings with a price cut | 13.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Monee by property type?
How the Monee, 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 | $277,500 | $128/sq ft | 4 | 44 days |
| Condo / Co-op | $230,000 | $131/sq ft | 1 | 35 days |
| Townhouse | $305,000 | $186/sq ft | 1 | 39 days |
Source: Redfin · Updated monthly
The Monee housing market is currently classified as a balanced market with a median sale price of $277,500. Prices have fallen 10.5% compared to last year, with homes spending an average of 44 days on market, indicating 5.8 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 3.9x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Monee
There are currently 23 homes listed for sale in Monee, Illinois. The median listing price is $315K.
Active listings
23
Homes on market
Median list price
$315K
Avg. days on market
44
Days until sale
New this week
11
Newly listed
Who lives in Monee?
Population
5,104
Median income
$89,571/yr
Median age
38.4 years
Owner-occupied
96.6%
College grads
27.2%
Avg commute
35.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Monee?
Zillow home value
$349,728
Price-to-income
3.9x
Source: Zillow Research
What is it like to live in Monee?
Monee is a community of approximately 5K residents with a median age of 38.4 years.The median household income is $89,571, which reflects a relatively affluent area with strong earning potential. 27.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 96.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 35.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Monee offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Monee?
2 schools tracked · 376 students
The largest public schools serving Monee, 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.
Monee Elementary School
Grades K-5 · 376 students
Monee Education Center
Grades 6-12
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 Monee, IL?
Want a head-to-head view? Compare Monee side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Monee?
The median home sale price in Monee is $277,500, down 10.5% from last year.
How long do homes stay on market in Monee?
Homes typically spend 44 days on market before going under contract.
What is the median income in Monee?
The median household income is $89,571 per year.
Is Monee a buyer's or seller's market?
With 5.8 months of supply, Monee is currently a balanced market.
What is the Zillow home value estimate for Monee?
The Zillow Home Value Index (ZHVI) for Monee is $349,728, representing the typical home value in the area.
What is the median condo price in Monee?
The median condo/co-op sale price in Monee, IL is $230,000, compared to $277,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Monee?
The median single-family home price in Monee, IL is $277,500 (about $128 per square foot).
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