Mokena Market Report

90-day market data from Chicago MLS — updated February 3, 2026

Balanced Market
$465K Median Sale Price
13 Days to Contract
97.8% Sale-to-List Ratio
31 Homes Sold (90 days)

Source: MRED MLS, 90-day sold data. Updated February 3, 2026.

Example 2.5% commission on the Mokena median of $465K = $11,625. Net Gain's flat fee = $1,995.

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Price Band Breakdown

Where buyers are actually competing in Mokena

Price Range Sold Avg Days Sale-to-List Active
$350K-$400K Strongest Demand 4 3d 101% 2
$300K-$350K 3 14d 101% 1
$250K-$300K 4 13d 96% 0
$400K-$450K 4 11d 96% 2
$500K-$550K 3 27d 96% 0

The $350K-$400K range shows the strongest buyer demand with 4 sales averaging 3 days to contract at 101% of asking. Currently 2 active listings competing.

Market Velocity

How fast the Mokena market is moving

6%
Price Reduction Rate
Avg 258 days before cut
13d
Median Days to Contract
Fastest 25%: 5 days
1.5
Months of Supply
16 active listings

With only 6% of listings requiring price reductions, Mokena sellers who price correctly are finding buyers quickly.

The median time to contract is 13 days, with motivated buyers moving within 5 days on well-priced listings.

With 1.5 months of inventory, this remains a seller's market where properly positioned listings have leverage.

What This Means for Your Listing

Commission savings at the Mokena median

Example 2.5% Commission
$11,625
Based on $465K median
vs
Up to $10K difference
Net Gain Flat Fee
$1,995
Same MLS exposure. Same professional service.
Commission rates are not set by law, vary by brokerage, and are fully negotiable. Buyer's agent compensation is separate and determined by the seller. Net Gain Realty charges a flat fee of $1,995 for listing services.

In a market where correctly priced homes sell in 13 days, the listing agent's job is clear: accurate pricing, professional marketing, and responsive transaction management. These are execution tasks—and you should decide what they're worth.

At $465K, that's $9,630 you keep by choosing flat fee over traditional commission. Same MLS listing. Same buyer exposure. Same professional service.

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Or send your address to matthew@netgain.realty for a property-specific analysis

Data sourced from Midwest Real Estate Data (MRED) MLS. Information deemed reliable but not guaranteed. Data represents recent MLS activity and is provided for informational purposes only. Not a guarantee of future results or property value.

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