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Kane County Reporter

Tuesday, November 26, 2024

Montgomery (Kane County) home prices fall in March 2018

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The median sale price of a home sold in March 2018 in Montgomery in Kane County fell by $9,000 while total sales decreased by 40%, according to BlockShopper.com.

In March 2018, there were six homes sold, with a median sale price of $154,500 - a 5.5% decrease over the $163,500 median sale price for the same period of the previous year. There were 10 homes sold in Montgomery in March 2017.

The median sales tax in Montgomery for the most recent year with available data, 2017, was $4,491.90, approximately 2.9% of the median home sale price for March 2018.

The following table compares Montgomery to other Kane County cities with similar median sales prices in March 2018:

CityMar. 2018 Home SalesMar. 2017 Home Sales% change (Total Home Sales)Mar. 2018 Median Sales PriceMar. 2017 Median Sales Price% change (Median Sales Price)
Sleepy Hollow5366.7%$210,000$219,900-4.5%
Wildrose10-$210,000$0-
Pingree Grove181163.6%$203,500$216,000-5.8%
South Elgin1119-42.1%$182,113$268,000-32%
Elgin83111-25.2%$176,000$170,0003.5%
East Dundee5366.7%$175,000$87,000101.1%
Burlington10-$173,500$0-
Maple Park21100%$159,071.50$230,000-30.8%
Carpentersville483250%$155,000$144,5007.3%
Montgomery610-40%$154,500$163,500-5.5%
Aurora1031003%$150,000$125,75019.3%
* This story only considers sales data for the part of Montgomery that is in Kane County.

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