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Featured local agent — Monee, IL

Sarah Mitchell

CNESRESABR

Compass Real Estate · Monee, IL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Monee, IL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Monee, IL Housing Market & Real Estate

Balanced market-10.5% YoY

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?

Balanced market5.8 months of supply44 avg. days on 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?

Current housing market statistics for Monee, IL
MetricValue
Median sale price$277,500
Median list price$315,000
Year-over-year price change-10.5%
Average days on market44 days
Active inventory23 listings
Months of supply5.8 months
Sale-to-list price ratio101.3%
Median price per sq ft$128/sq ft
Homes sold (latest month)4
New listings (latest month)11
Listings with a price cut13.0%
Market conditionBalanced 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.

Median price, price per square foot, homes sold and days on market by property type in Monee, IL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$277,500$128/sq ft444 days
Condo / Co-op$230,000$131/sq ft135 days
Townhouse$305,000$186/sq ft139 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

Price drops:13.0%of listings
Sale-to-list:101.3%

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

Public

Monee Education Center

Grades 6-12

Alternative

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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