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Housing in Mokena

221 homes sold in Mokena in the last year, at a typical $451K

About one sale in 3 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Mokena homes are listed.

Homes sold
221
June 2025 to May 2026
Typical sale price
$451K
houses $510K · condos $229K
Price per square foot
$198
Illinois $193
Paid vs. asking
99.6%
42% sold over asking
For sale now
48
May 2026 · 22 sold that month
What sold · last 12 months

10% of Mokena’s sales are condos, at $281K less than a house

134 houses and 21 condos sold in the year to May 2026. Houses sell faster.

Houses$510K

typical sale · 134 sold in 12 months

Per square foot
$203IL $180
Days to sell
55
Sold over asking
40%
Listings with a price cut
17%
Condos$229K

typical sale · 21 sold in 12 months

Per square foot
$187IL $251
Days to sell
60
Sold over asking
38%
Listings with a price cut
24%
Fewer sales

Townhouses: 66 sold, typical $374K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2022, at 1.6 times the 2016 price

221 sales in the last year, against 381 in 2021 and a low of 189 in 2012. The typical sale went from $283K in 2016 to $451K.

Homes soldTypical sale price
0100200300400$275K$350K$425K$500K2012: 189 sold, typical $256K’122013: 263 sold, typical $248K2014: 307 sold, typical $251K’142015: 308 sold, typical $263K2016: 280 sold, typical $283K’162017: 284 sold, typical $284K2018: 257 sold, typical $296K’182019: 291 sold, typical $299K2020: 335 sold, typical $332K’202021: 381 sold, typical $361K2022: 254 sold, typical $367K’222023: 212 sold, typical $434K2024: 252 sold, typical $403K’242025: 220 sold, typical $437KLast 12 months: 221 sold, typical $451KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $450K buys in Mokena

Houseat $203 a sq ft
Condoat $187 a sq ft
The same money in Illinoisat $180 a sq ft

Is this asking price fair?

Check a listing against what Mokena homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Mokena are more common than before the pandemic, but 46% fewer homes come up for sale

We read every month of Mokena’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 221 sales.

If you’re buying in Mokena

  • Shop in March. It brings about 35 new listings a month, close to the busiest month, with fewer bidding wars (22% over asking).
  • Less room to haggle. Only 13% of listings cut their price, against 23% before the pandemic.
  • Bid near asking. Buyers paid 99.6% of the list price on average; 42% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Summer brings both the most homes and the most bidding wars

June has the most new listings (about 37 a month), and the most competition: 34% close over asking. March offers nearly as much choice with fewer homes bid up (22%). January has the least competition (19%) but only about 20 new listings.

New listings a monthShare sold over asking
01020304013%27%40%Sweet spotJan: 20 new listings a month, 19% sold over asking, 65 days to sellJFeb: 23 new listings a month, 19% sold over asking, 71 days to sellFMar: 35 new listings a month, 22% sold over asking, 59 days to sellMApr: 33 new listings a month, 31% sold over asking, 53 days to sellAMay: 36 new listings a month, 28% sold over asking, 44 days to sellMJun: 37 new listings a month, 34% sold over asking, 44 days to sellJJul: 36 new listings a month, 32% sold over asking, 38 days to sellJAug: 28 new listings a month, 26% sold over asking, 39 days to sellASep: 24 new listings a month, 20% sold over asking, 48 days to sellSOct: 24 new listings a month, 26% sold over asking, 51 days to sellONov: 18 new listings a month, 20% sold over asking, 44 days to sellNDec: 11 new listings a month, 20% sold over asking, 47 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and about like Illinois as a whole

Mokena now2017–192021 peakIL now
Sold over askingShare of sales that closed above the list price42%13%43%37%
Gone within two weeksShare of homes under contract within 14 days52%35%59%46%
Listings with a price cutShare of homes for sale that cut their price13%23%26%19%
Price paid vs. askingAverage sale price ÷ list price99.6%97.5%100%99.2%
Days to sellMedian days from listing to contract54651249
Supply

49 homes for sale on a typical day

That’s 1.4 times the 2021 low (34), 46% fewer than in 2017–19 and well under 2012’s 122.

2012: 122 for sale’122013: 106 for sale2014: 112 for sale2015: 103 for sale’152016: 90 for sale2017: 95 for sale2018: 86 for sale’182019: 88 for sale2020: 50 for sale2021: 34 for sale’212022: 43 for sale2023: 42 for sale2024: 45 for sale’242025: 48 for saleLast 12 months: 49 for saleNow
Room to negotiate

1 in 7 listings has cut its price

13% in the last year, against 23% in 2017–19 and 19% across Illinois.

2015: 26%’152016: 26%2017: 22%2018: 23%’182019: 24%2020: 32%2021: 26%’212022: 17%2023: 18%2024: 19%’242025: 16%Last 12 months: 13%Now
Prices by type

Since 2019, houses are up 44%, condos 87%

A house typically sold for $510K in the last year (134 sales), a condo for $229K (21).

$150K$300K$450K$600K2013201520172019202120232025NowHouses 2013: $302K, 168 salesHouses 2014: $311K, 191 salesHouses 2015: $301K, 190 salesHouses 2016: $319K, 176 salesHouses 2017: $330K, 172 salesHouses 2018: $345K, 157 salesHouses 2019: $355K, 174 salesHouses 2020: $393K, 241 salesHouses 2021: $437K, 246 salesHouses 2022: $469K, 149 salesHouses 2023: $537K, 140 salesHouses 2024: $504K, 148 salesHouses 2025: $492K, 141 salesHouses last 12 months: $510K, 134 salesHouses $510KCondos 2013: $115K, 21 salesCondos 2014: $108K, 35 salesCondos 2015: $111K, 29 salesCondos 2016: $126K, 26 salesCondos 2017: $118K, 27 salesCondos 2018: $119K, 31 salesCondos 2019: $123K, 34 salesCondos 2020: $119K, 20 salesCondos 2021: $152K, 37 salesCondos 2022: $171K, 36 salesCondos 2023: $173K, 15 salesCondos 2024: $194K, 30 salesCondos 2025: $233K, 17 salesCondos last 12 months: $229K, 21 salesCondos $229K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Illinois

Mokena ranks 118th of 324 busy Illinois markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Mokena is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Mokena home costs about $3,211 a month

Mortgage
Property tax
Insurance
Rent

Price: Mokena’s typical sale, last 12 months. Property tax at Mokena’s 2.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Mokena is affordable on local pay is on Cost of living.

Before you buy in Mokena

Six things worth knowing

37

New listings in June

The month with the most choice. December has the fewest, about 11.

Best time to buy
2.3%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $451K home, about $10,300 a year.

Taxes vs. neighbors
A

Schools

The schools grade for Mokena, from test results, graduation and how much students grow.

Schools in Mokena
31 min

Typical commute

The average one-way trip to work for people who live in Mokena.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Tinley Park sells for less a square foot

The busier markets within 25 miles of Mokena, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Tinley Park840$322K$19040%51
Orland Park839$380K$20034%52
New Lenox317$465K$20432%50
Frankfort256$607K$20427%58
Mokena221$451K$19842%54
Frankfort Square107$350K$22137%44
Orland Hills79$342K$21643%54

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Mokena, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Mokena. People who follow the town see it, and so do people comparing Mokena with their own town. No commission, no listing fee.

Questions about buying a home in Mokena

What do homes sell for in Mokena, IL?

221 homes sold in the year to May 2026 at a typical $451K, $198 a square foot. Houses sold for about $510K, condos for about $229K.

Is Mokena a buyer’s or seller’s market?

A seller’s market: 48 homes were for sale in May 2026 and 22 sold, about 2.2 months of supply. Buyers paid 99.6% of asking on average, and 13% of listings cut their price.

When is the best time to buy in Mokena?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Mokena?

About 2.3% of a home’s value a year. On a $451K home that’s near $10,300.

Where can I see homes for sale in Mokena?

Zillow, Redfin, Realtor.com and Homes.com all carry Mokena’s MLS listings; the search links above open each one filtered to Mokena.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).