Altos Market Data for Realtors

Momence, IL

Single-Family Homes

Schedule a demo today at AltosResearch.com



Momence, IL

Wed Oct 20 2021
This week the median list price for Momence, IL is $199,900 with the market action index hovering around 48. This is less than last month's market action index of 55. Inventory has held steady at or around 9. 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.

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Momence, IL

Wed Oct 20 2021
This week the median list price for Momence, IL is $199,900 with the market action index hovering around 48. This is less than last month's market action index of 55. Inventory has held steady at or around 9. 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.

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Momence market.
Median List Price $199,900
Median Price of New Listings $0
Per Square Foot $116
Average Days on Market 151
Median Days on Market 91
Price Decreased 33%
Price Increased 11%
Relisted 11%
Inventory 9
Median Rent
Market Action 48
Strong Seller's Market

Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.

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
$442,450 2,707 5 - 10 acres 4 2 108 0 0 14
$227,000 1,238 - 3 2 107 0 0 66
$178,900 1,459 0.25 - 0.5 acre 3 2 65 0 1 73
$79,900 1,023 0.5 - 1 acre 3 1 101 0 0 357