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Kane County Reporter

Friday, April 26, 2024

Q2 real estate sales report: Montgomery

Realestate077

Median prices rose in Montgomery over last year, and are up 6.6 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 130 homes sold in Montgomery for a median price of $233,000. That's 1.5 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, 5 homes in Montgomery were in foreclosure.

Median property tax for homeowners in Montgomery was $6,700.03 in 2017 according to tax data from that year. That means homeowners pay 2.9 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Montgomery real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
66
$218,498
-
2010
124
$200,447
-8.3%
2011
92
$168,653
-15.9%
2012
92
$174,400
3.4%
2013
112
$178,200
2.2%
2014
112
$185,765
4.2%
2015
97
$195,994
5.5%
2016
120
$214,725
9.6%
2017
135
$229,500
6.9%
2018
130
$233,000
1.5%

Median property tax
Median sale price
Effective property tax rate
2009
$6,673.58
$218,498
3.1%
2010
$5,142.50
$200,447
2.6%
2011
$5,736.87
$168,653
3.4%
2012
$5,562.53
$174,400
3.2%
2013
$6,488.79
$178,200
3.6%
2014
$5,379.78
$185,765
2.9%
2015
$6,312.08
$195,994
3.2%
2016
$6,442.73
$214,725
3%
2017
$6,700.03
$229,500
2.9%

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