The prices in real estate in Momence, in the Illinois region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Momence has fallen in the last 6 months. In March, the average price per sq.feet was $92. In the following month the price per sq.feet decreased to $85. The price for the following two months in (May, June) decreased 87 % with regard to the prior two months. The price per sq.feet has increased 106 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $82.75 to $88 during July, and August.
Based upon to the price in Momence (cities), this has fallen considerably in the last 6 months. The average price for March is $193,142. During April the price had a slight fall till $170,051. During the following two months (May, June) the average price had a considerable reduction of 84 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $167,340 to $126,864, which means a 76 % fall.