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MOMENCE, IL 60954

Real Estate Market Report  ·  Kankakee County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
14
⇧ 16.7% vs 12 last year
Pending
3
21% pending ratio
Median Price
$137,285
⇩ 14.9% vs $161,250 last year
Average Price
$165,898
⇧ 13.8% vs $145,798 last year
Days on Market
46
⇧ 4.5% vs 44 days last year

Market Context

Population: 5,612  ·  Density: 32.7/mi²  ·  Median household income: $54,495

Typical home value: $144,848  ·  Homeownership: 74.9%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The MOMENCE, IL real estate market (60954) currently shows 14 active listings, with 3 pending sales. Homes are averaging 46 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 46 days on market compared to 44 days last year.

The median listing price has fallen 14.9% year-over-year, from $161,250 to $137,285.

Whether you are buying or selling in MOMENCE, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 14 this year vs 12 last year
  • Days on market: 46 now vs 44 last year

Median & Average Pricing

Year over Year
  • Median: $137,285 (-14.9% YoY)
  • Average: $165,898 (+13.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.4 miles — 474 listings ($197,372,620 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60954Momence, IL 609540.0 mi14$2,322,572$137,285$165,898
60940Grant Park, IL 609406.8 mi10$4,649,670$339,950$464,967
60964Saint Anne, IL 6096410.2 mi17$4,805,764$258,750$282,692
46349Lake Village, IN 4634911.1 mi11$5,675,340$469,450$515,940
60914Bourbonnais, IL 6091412.4 mi64$25,607,104$345,000$400,111
46356Lowell, IN 4635613.2 mi126$53,581,752$379,400$425,252
60956Papineau, IL 6095613.7 mi1$12,000$12,000$12,000
46377Shelby, IN 4637714.8 mi3$474,900$150,000$158,300
60468Peotone, IL 6046815.7 mi11$3,556,608$330,000$323,328
46303Cedar Lake, IN 4630317.0 mi107$51,028,942$425,000$476,906
60931Donovan, IL 6093118.3 mi2$284,900$142,450$142,450
60417Crete, IL 6041719.2 mi80$33,430,480$327,450$417,881
60449Monee, IL 6044919.4 mi28$11,942,588$324,950$426,521

Frequently Asked Questions

How many homes are for sale in MOMENCE, IL 60954?

As of January 2026, there are 14 active listings in MOMENCE, IL (zip code 60954), compared to 12 the prior year.

What is the median home price in MOMENCE, IL 60954?

The median listing price in MOMENCE, IL 60954 is $137,285 as of January 2026, a 14.9% decrease from $161,250 the prior year.

How long do homes stay on the market in MOMENCE, IL?

Homes in MOMENCE, IL 60954 spend an average of 46 days on the market before going under contract, compared to 44 days the prior year.

Is it a seller's or buyer's market in MOMENCE, IL 60954?

Based on current inventory and days-on-market data as of January 2026, MOMENCE, IL 60954 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 46 days on market compared to 44 days last year.

How much can I save on real estate commission in MOMENCE, IL?

With SELL123.com's maximum 3% commission, sellers in MOMENCE, IL 60954 save an estimated $2,746 compared to a typical 5% commission on the median listing price of $137,285. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.