Kane County Reporter

Kane County Reporter

Friday, January 24, 2020

Q4 real estate sales report: Montgomery

Real Estate

By Local Labs News Service | Apr 17, 2019

Re 14

Median prices rose in Montgomery over last year, and are down 12.3 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 79 homes sold in Montgomery for a median price of $189,900. That's 7.3 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 2 homes in Montgomery were in foreclosure.

Median property tax for homeowners in Montgomery was $5,389.36 in 2017 according to tax data from that year. That means homeowners pay 3 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: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
95
$216,450
-
2010
68
$198,075
-8.5%
2011
83
$192,100
-3%
2012
110
$168,950
-12.1%
2013
103
$156,600
-7.3%
2014
105
$159,000
1.5%
2015
91
$185,500
16.7%
2016
110
$225,225
21.4%
2017
120
$176,970
-21.4%
2018
79
$189,900
7.3%

Median property tax
Median sale price
Effective property tax rate
2009
$5,283.17
$216,450
2.4%
2010
$4,579.26
$198,075
2.3%
2011
$4,884.53
$192,100
2.5%
2012
$5,197.73
$168,950
3.1%
2013
$5,452.66
$156,600
3.5%
2014
$4,877.48
$159,000
3.1%
2015
$5,553.61
$185,500
3%
2016
$6,455.70
$225,225
2.9%
2017
$5,389.36
$176,970
3%

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Organizations in this Story

Kane County RecorderKendall County Clerk and Recorder

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