Home prices
The value of the median home in Momence is $143,400. Compared to its nearby areas it is roughly $37,520 (35%) higher.It is approximately $74,100 (34%) lower compared to the rest of the nation, and in comparison to the city of Chicago it is roughly $114,600 (44%) lower.
Rents
Momence's median monthly rent is $803. Compared to the surrounding areas this is approximately $116 (12%) lower.In comparison to the country as a whole it is approximately $259 (24%) lower, and compared to the city of Chicago is approximately $309 (27%) lower.
Nearby places
Sun River Terrace
Sun River Terrace is approximately 4 miles southwest of Momence. The real estate prices there are substantially less expensive. The median home value in Sun River Terrace is $75,700, which works out to $67,700 (89%) lower than Momence. The rent there is a bit more expensive. Sun River Terrace's median rent is $1,068 per month, which comes out to $265 (24%) higher than Momence.
Grant Park
Grant Park is approximately 5 miles north of Momence. Its real estate prices are a little more expensive. The median home in Grant Park is valued at $156,500, which comes out to $13,100 (8%) higher than Momence. Rents there are similar. Grant Park's median monthly rent is $841, which works out to $38 (4%) higher than Momence.
Hopkins Park
Hopkins Park is approximately 6 miles south from Momence. Its housing prices are significantly less expensive. Hopkins Park's median home value is $51,700, which works out to $91,700 (177%) lower than Momence. Rents there are fairly similar. In Hopkins Park the median rent is $783 per month, which works out to $20 (2%) lower than Momence.
Bradley
Bradley is roughly 8 miles west from Momence. Its housing prices are a bit less expensive. The median home value in Bradley is $135,200, which is $8,200 (6%) lower than Momence. Rent there is somewhat more expensive. The median monthly rent in Bradley is $1,043, which works out to $240 (23%) higher than Momence.
Aroma Park
Aroma Park is approximately 8 miles southwest from Momence. Real estate prices there are a little less expensive. The cost of the median home in Aroma Park is $110,300, which comes out to $33,100 (30%) lower than Momence. Rents there are a little more expensive. In Aroma Park the median monthly rent is $861, which works out to $58 (6%) higher than Momence.
