Momence, IL is a wonderful place to call home. The housing median value in Momence is $143,400, which is significantly lower than the US House Median Value of $338,100. Despite this gap in cost of living between the two regions, Momence has still seen an impressive 1 year appreciation rate of 7.34%, just below the US 1 year house appreciation rate of 8.27%. This makes it an attractive option for potential homeowners looking for a city that offers high quality living at an affordable price.
The median home cost in Momence is $143,400. Home appreciation the last 10 years has been 52.8%. Home Appreciation in Momence is up 15.4%.
Average Age of Homes
- The median age of Momence real estate is 62 years old
The Rental Market in Momence
- Renters make up 26.1% of the Momence population
- 4.9% of houses and apartments in Momence, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.