Is Momence, IL 60954 a buyer’s or seller’s market?

The Momence housing market right now

In the three months ending August 31, 2026, 31% of homes in Momence, IL 60954 sold above their list price, the typical home went under contract in 83 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 16 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 36%, homes sold more slowly (52 days then) and the median sale price fell 9% to $187,419. Overall, Momence is less competitive than a year ago, which gives buyers more room.

Within Kankakee County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell less often over asking than in 67%. On our competition score, Momence ranks #436 of 464 IL ZIP codes with enough sales (score 36 out of 100).

Nearby, buyers who want less competition could look at Pembroke Township 60958 (0% sold over asking) or Essex 60935 (0% sold over asking), while Chebanse 60922 (60% sold over asking) and Bradley 60915 (55% sold over asking) are even more competitive.