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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Monee Township is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, Monee Township has remained a Seller's Market.

Key Takeaway

Monee Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Monee Township, IL cost?

Median Sold Price

$189,000

$103/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$34,000(+21.9%)

Key Takeaway

Homes in Monee Township have sold for 21.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $14.5K-
N/A
2 $120K$158.7K
+32.3%
3 $154.9K$177K
+14.3%
4 $206.5K$217K
+5.1%
5+ $215K$326.2K
+51.7%

Median Sold Price Compared To Nearby Cities

Park Forest
+54.3%
University Park
+42.6%
Monee Township
+21.9%
Monee
+18.2%
Richton Park
+14.1%

How many homes are available in Monee Township, IL?

Number of Homes For Sale

Nov 2021Dec 2021%
137128-6.6%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 1515
0.0%
3 6561
-6.2%
4 4744
-6.4%
5+ 108
-20.0%

Number of Homes Sold

Nov 2021Dec 2021%
2824-14.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Monee Township, you could pay more than the asking price. 54.2% of homes here sold above asking price last month.

Average Sale Time

Dec 2020Dec 2021%
45 Days35 Days-22.3%

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Monee Township are selling fast, if you're buying plan to act quickly.

830 Sandra Dr Unit 1, University Park, IL 60484

830 Sandra Dr Unit 1, University Park, IL 60484

$50,000~$200/mo.*
1 Bed • 1 Bath1,016 SqFt
Zaneta Sanders#11294476Listing Office:
Z Realty GroupMLS logo
861 Greenbriar Ln, University Park, IL 60484

861 Greenbriar Ln, University Park, IL 60484

$140,000~$550/mo.*
3 Beds • 2 Baths1,500 SqFt
Matrie De Leon#11306731Listing Office:
C T K Realty INC.MLS logo
4951 Cardinal Ct, Monee, IL 60449

4951 Cardinal Ct, Monee, IL 60449

$409,900~$1,550/mo.*
3 Beds • 4 Baths3,000 SqFt
Jason Rosenberg#11306716Listing Office:
Infiniti Properties, Inc.MLS logo
4922 W Ribbon Dr, Monee, IL 60449

4922 W Ribbon Dr, Monee, IL 60449

$359,000~$1,350/mo.*
4 Beds • 3 Baths2,300 SqFt
John Rice#11306489Listing Office:
Baird & WarnerMLS logo
4997 W Ribbon Dr, Monee, IL 60449

4997 W Ribbon Dr, Monee, IL 60449

$359,900~$1,350/mo.*
4 Beds • 3 Baths2,300 SqFt
John Rice#11306463Listing Office:
Baird & WarnerMLS logo
5009 Ribbon Dr, Monee, IL 60449

5009 Ribbon Dr, Monee, IL 60449

$374,900~$1,400/mo.*
4 Beds • 3 Baths2,300 SqFt
John Rice#11306454Listing Office:
Baird & WarnerMLS logo
5705 W Pauling Rd W, Monee, IL 60449

5705 W Pauling Rd W, Monee, IL 60449

$149,900~$550/mo.*
Kim Manson#11305933Listing Office:
eXp Realty, LLCMLS logo
25747 S Taft St, Monee, IL 60449

25747 S Taft St, Monee, IL 60449

$250,000~$950/mo.*
3 Beds • 2 Baths1,750 SqFt
Melanie McClusky#11296070Listing Office:
Keller Williams Preferred RltyMLS logo
960 Morningside Ln Unit 960, University Park, IL 60484

960 Morningside Ln Unit 960, University Park, IL 60484

$58,000~$200/mo.*
3 Beds • 1 Bath1,091 SqFt
Judy Cox#11305119Listing Office:
Results Realty ERA PoweredMLS logo
25154 S Doolittle Dr, Monee, IL 60449

25154 S Doolittle Dr, Monee, IL 60449

$649,000~$2,450/mo.*
3 Beds • 5 Baths4,379 SqFt
Kristen Hogan#11304600Listing Office:
Village Realty, Inc.MLS logo
5242 W Mulberry Ln, Monee, IL 60449

5242 W Mulberry Ln, Monee, IL 60449

$274,500~$1,050/mo.*
4 Beds • 2 Baths2,048 SqFt
Kristine Henderson#11304561Listing Office:
Coldwell Banker Real Estate GroupMLS logo
4756 W Lilac Ave, Monee, IL 60449

4756 W Lilac Ave, Monee, IL 60449

$230,000~$850/mo.*
3 Beds • 2 Baths1,598 SqFt
Kenneth Vega#11304242Listing Office:
Beaulieu Real EstateMLS logo

About Monee Township, IL

Monee Township, IL has 128 homes on the market. The number of listings in Monee Township, IL decreased by 6.6% between November 2021 and December 2021. In December 2021, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $189,000. Between November 2021 and December 2021, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 0%, the cost of 2 bedrooms properties went up by 32.3%, 3 bedrooms properties prices increased by 14.3%, 4 bedrooms properties prices increased by 5.1%, 5 bedrooms properties became 51.7% more expensive. Housing inventory have changed in this real estate market: volume of 1 bedroom homes stayed the same, 2 bedrooms homes inventory did not change, number of 3 bedrooms homes decreased by 6.2%, 4 bedrooms homes became 6.4% less available, 5 bedrooms homes became 20% less available. In December 2021 more than 13 listings in Monee Township, IL were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 7 were sold below.

MLS Disclaimers and Copyright

Based on information from Midwest Real Estate Data for the period 01/01/2020 - 01/01/2022

IDX Copyright © 2022 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

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Copyright © 2022 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Last updated on: 1/20/2022, 11:15:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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