Altos Market Data for Realtors

Momence, IL

Single-Family Homes

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Momence, IL

Sun May 24 2026
This week the median list price for Momence, IL is $229,950 with the market action index hovering around 38. This is an increase over last month's market action index of 35. Inventory has increased to 14. Click here to stay informed with the Momence market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Momence, IL

Sun May 24 2026
This week the median list price for Momence, IL is $229,950 with the market action index hovering around 38. This is an increase over last month's market action index of 35. Inventory has increased to 14. Click here to stay informed with the Momence market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Momence market.
Median List Price $229,950
Median Price of New Listings $284,950
Per Square Foot $129
Average Days on Market 81
Median Days on Market 53
Price Decreased 50%
Price Increased 0%
Relisted 0%
Inventory 14
Median Rent
Market Action 38
Slight Seller's Advantage

While this week the median didn’t fluctuate much, prices continue to sit at all time highs. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$372,443 2,470 0.25 - 0.5 acre 4 2.3 89 1 1 80
$262,900 1,522 - 2 1 57 0 0 35
$187,499 1,574 4,500 - 6,500 sqft 3 1.3 68 1 0 14
$79,000 720 - 2 1 47 0 0 189