Foreclosure Homes in Monee, IL

Current Market Conditions in Monee, IL

The real estate market in Monee, IL, has seen steady growth over the past few years, driven by the demand for affordable housing close to Chicago. With a mix of single-family homes and newer constructions, the inventory caters to various buyers, including families and first-time homeowners.

Currently, the area has a balanced market with homes selling at competitive prices. Many buyers are seeking properties in Monee due to its proximity to public schools and local amenities, which continues to push home values upward. Investment in infrastructure and community development also supports the current trends.

Rent Prices In Monee, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monee, IL, is on a rollercoaster ride. The average rent price in Monee, IL, is $1,864.00. Indeed, when looking to rent in Monee, IL, you can expect to pay as little as $990.00 or as much as $4,180.00, with the average rent median estimated to be $1,730.00. The good news is that finding an affordable and desirable property to rent in Monee, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.