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MOMENCE, IL 60954

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The MOMENCE, IL real estate market (60954) currently shows 15 active listings, with 1 pending sales. Homes are averaging 44 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are selling faster, averaging 44 days on market compared to 57 days last year.

The median listing price has fallen 14.9% year-over-year, from $169,900 to $144,500.

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
15
⇧ 50% vs 10 last year
Pending
1
7% pending ratio
Median Price
$144,500
⇩ 14.9% vs $169,900 last year
Average Price
$190,145
⇧ 22.2% vs $155,560 last year
Days on Market
44
⇩ 22.8% vs 57 days last year

Price Per Square Foot

Median $/sqft
$127
⇧ 21% vs $105/sqft last year
Median Home Size
1,288 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 15 this year vs 10 last year
  • Days on market: 44 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $144,500 (-14.9% YoY)
  • Average: $190,145 (+22.2% 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 — 474 listings ($197,372,620 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60954Momence, IL 609540.0 mi14$2,322,572$137,285$165,898
60940Grant Park, IL 609406.8 mi10$4,649,670$339,950$464,967
60964Saint Anne, IL 6096410.2 mi17$4,805,764$258,750$282,692
46349Lake Village, IN 4634911.1 mi11$5,675,340$469,450$515,940
60914Bourbonnais, IL 6091412.4 mi64$25,607,104$345,000$400,111
46356Lowell, IN 4635613.2 mi126$53,581,752$379,400$425,252
60956Papineau, IL 6095613.7 mi1$12,000$12,000$12,000
46377Shelby, IN 4637714.8 mi3$474,900$150,000$158,300
60468Peotone, IL 6046815.7 mi11$3,556,608$330,000$323,328
46303Cedar Lake, IN 4630317.0 mi107$51,028,942$425,000$476,906
60931Donovan, IL 6093118.3 mi2$284,900$142,450$142,450
60417Crete, IL 6041719.2 mi80$33,430,480$327,450$417,881
60449Monee, IL 6044919.4 mi28$11,942,588$324,950$426,521

Frequently Asked Questions

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

As of February 2026, there are 15 active listings in MOMENCE, IL (zip code 60954), compared to 10 the prior year.

What is the median home price in MOMENCE, IL 60954?

The median listing price in MOMENCE, IL 60954 is $144,500 as of February 2026, a 14.9% decrease from $169,900 the prior year.

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

Homes in MOMENCE, IL 60954 spend an average of 44 days on the market before going under contract, compared to 57 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 February 2026, MOMENCE, IL 60954 is currently a Balanced Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are selling faster, averaging 44 days on market compared to 57 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 $2,890 compared to a typical 5% commission on the median listing price of $144,500. 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.