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Kane County Reporter

Tuesday, November 26, 2024

Montgomery (Kane County) home prices rise in July 2018

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The median sale price of a home sold in July 2018 in Montgomery in Kane County rose by $56,275 while total sales increased by 40%, according to BlockShopper.com.

In July 2018, there were 14 homes sold, with a median sale price of $215,500 - a 35.3% increase over the $159,225 median sale price for the same period of the previous year. There were 10 homes sold in Montgomery in July 2017.

The median sales tax in Montgomery for the most recent year with available data, 2017, was $4,491.90, approximately 2.1% of the median home sale price for July 2018.

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

CityJuly 2018 Home SalesJuly 2017 Home Sales% change (Total Home Sales)July 2018 Median Sales PriceJuly 2017 Median Sales Price% change (Median Sales Price)
Sugar Grove1928-32.1%$249,000$252,500-1.4%
West Dundee1114-21.4%$245,000$234,9004.3%
Hampshire1618-11.1%$244,500$265,000-7.7%
Huntley1722-22.7%$237,000$241,311-1.8%
Sleepy Hollow68-25%$232,100$334,950-30.7%
Montgomery141040%$215,500$159,22535.3%
Burlington12-50%$212,500$168,00026.5%
Gilberts161323.1%$212,250$245,000-13.4%
Fox River Estates220%$200,000$168,25018.9%
Pingree Grove231735.3%$193,000$205,000-5.9%
Elgin119132-9.8%$190,000$189,4500.3%
* This story only considers sales data for the part of Montgomery that is in Kane County.

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