Momence, IL (60954) is located in Kankakee County and has a median housing value of $136,600, which is significantly lower than the US median value of $338,100. Furthermore, the 1 year house appreciation rate in Momence is 7.34%, slightly lower than the national appreciation rate of 8.27%. Despite this slight difference, it shows that Momence's real estate market continues to grow. In addition to its desirable location and relatively low cost of living, these factors make Momence an attractive option for potential homebuyers looking for a stable real estate market.
The median home cost in Momence (zip 60954) is $136,600. Home appreciation the last 10 years has been 52.8%. Home Appreciation in Momence (zip 60954) is up 15.4%.
Average Age of Homes
- The median age of Momence (zip 60954) real estate is 58 years old
The Rental Market in Momence (zip 60954)
- Renters make up 20.0% of the Momence (zip 60954) population
- 2.8% of houses and apartments in Momence (zip 60954), 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.