Home Values

Monee Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$161,300

  • 1.7% 1-year change
  • 0.7% 1-year forecast

The median home value in Monee is $161,300. Monee home values have gone up 1.7% over the past year and Zillow predicts they will rise 0.7% within the next year. The median price of homes currently listed in Monee is $154,900 while the median price of homes that sold is $194,000. The median rent price in Monee is $1,750, which is higher than the Chicago Metro median of $1,629.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Monee is 12.0%, which is higher than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Monee homeowners underwater on their mortgage is 24.6%, which is lower than Chicago Metro at 25.1%.

Read more
Relative ZHVI
- +

Monee Market Overview

Data through Feb 28, 2015
  • $161,300 ZHVI
  • 0.7% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Feb 29, 2016)
  • $154,900 Median listing price
  • No recent data Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Monee Market Health

Data through Feb 28, 2015
  • 0.4/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 24.6% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 12.0% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Cities

Name Median ZHVI
Frankfort $285,100
Frankfort Square $187,400
Olympia Fields $179,500
Name Median ZHVI
Peotone $178,100
Matteson $130,300
Richton Park $116,400
Name Median ZHVI
University Park $110,800
Steger $87,100
Park Forest $69,400

Listings & Sales

Data through Feb 28, 2015
  • $87 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 20.8% Listings with price cut
36.4%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Monee Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,620 Monee
    $1,600 Chicago Metro
    $1,355 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,750 Rent list price
  • $0.89 Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading