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MOMENCE, IL 60954

Real Estate Market Report  ·  Kankakee County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The MOMENCE, IL real estate market (60954) currently shows 21 active listings, with 7 pending sales. Homes are averaging 41 days on the market before going under contract.

Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.

Homes are selling faster, averaging 41 days on market compared to 70 days last year.

The median listing price has risen 19.5% year-over-year, from $159,900 to $191,150.

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 Context

Market Context

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

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

Market Overview

Active Listings
21
⇧ 75% vs 12 last year
Pending
7
33% pending ratio
Median Price
$191,150
⇧ 19.5% vs $159,900 last year
Average Price
$218,582
⇧ 37.8% vs $158,592 last year
Days on Market
41
⇩ 41.4% vs 70 days last year

Price Per Square Foot

Median $/sqft
$141
⇧ 23.7% vs $114/sqft last year
Median Home Size
1,326 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 21 this year vs 12 last year
  • Days on market: 41 now vs 70 last year

Median & Average Pricing

Year over Year
  • Median: $191,150 (+19.5% YoY)
  • Average: $218,582 (+37.8% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.4 miles — 475 listings ($196,964,593 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60954Momence, IL 609540.0 mi15$2,852,175$144,500$190,145
60940Grant Park, IL 609406.8 mi10$4,906,900$368,750$490,690
46379Sumava Resorts, IN 4637910.3 mi1$55,000$55,000$55,000
46349Lake Village, IN 4634911.1 mi11$5,717,613$450,950$519,783
60914Bourbonnais, IL 6091412.4 mi69$28,346,511$340,725$410,819
46356Lowell, IN 4635613.2 mi136$59,848,432$389,450$440,062
60956Papineau, IL 6095613.7 mi1$12,000$12,000$12,000
46377Shelby, IN 4637714.8 mi3$449,901$150,000$149,967
60468Peotone, IL 6046815.7 mi12$3,864,288$315,575$322,024
46303Cedar Lake, IN 4630317.0 mi105$47,912,235$399,900$456,307
60931Donovan, IL 6093118.3 mi2$227,450$113,725$113,725
60417Crete, IL 6041719.2 mi83$31,456,253$314,975$378,991
60449Monee, IL 6044919.4 mi27$11,315,835$347,175$419,105

Frequently Asked Questions

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

As of March 2026, there are 21 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 $191,150 as of March 2026, a 19.5% increase from $159,900 the prior year.

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

Homes in MOMENCE, IL 60954 spend an average of 41 days on the market before going under contract, compared to 70 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 March 2026, MOMENCE, IL 60954 is currently a Balanced Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are selling faster, averaging 41 days on market compared to 70 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 $3,823 compared to a typical 5% commission on the median listing price of $191,150. 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.