Is Monee, IL 60449 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Monee is a balanced market. With about 5.7 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score53/ 100

More competitive than 54% of U.S. ZIP codes, and #355 of 464 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply5.7Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list99.7%Sold price ÷ list price
Median days on market46Listing to accepted offer
Median price per sq ft$165▼ −5.1% vs. last year

The Monee housing market right now

In the three months ending August 31, 2026, 33% of homes in Monee, IL 60449 sold above their list price, the typical home went under contract in 46 days and there were 5.7 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 25 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 31%, homes sold faster (63 days then) and the median sale price fell 5% to $327,358. Overall, Monee is more competitive than a year ago, so tougher for buyers.

Within Will County, homes here sell faster than in 69% of the county’s ZIP codes, and sell less often over asking than in 66%. On our competition score, Monee ranks #355 of 464 IL ZIP codes with enough sales (score 53 out of 100).

Nearby, buyers who want less competition could look at Elwood 60421 (17% sold over asking) or Beecher 60401 (17% sold over asking), while Bolingbrook 60440 (61% sold over asking) and New Lenox 60451 (50% sold over asking) are even more competitive.

Nearby markets

Aurora 60503Seller’s market $227 /sq ftBeecher 60401Balanced $164 /sq ftBolingbrook 60440Seller’s market $210 /sq ftBolingbrook 60490Seller’s market $217 /sq ft Browse all markets →

Where Monee is

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Questions about Monee real estate

Is Monee a buyer’s or seller’s market?

A balanced market: there were 5.7 months of supply in Monee, IL 60449 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Monee?

The typical home went under contract in 46 days in the latest three months.

Do homes in Monee sell over asking?

33% of homes sold above their original list price, and the typical sale closed at 99.7% of the list price.

What are property taxes in Monee?

About 2.24% of a home’s value a year in Will County, or roughly $8,960 on a $400,000 home.

What is the median home price in Monee?

The median sale price was $327,358 in the three months ending August 31, 2026, about $165 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology