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Kane County Reporter

Tuesday, November 26, 2024

Montgomery (Kane County) home prices fall in September 2018

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The median sale price of a home sold in September 2018 in Montgomery in Kane County fell by $96,650 while total sales decreased by 38.5%, according to BlockShopper.com.

In September 2018, there were eight homes sold, with a median sale price of $139,250 - a 41% decrease over the $235,900 median sale price for the same period of the previous year. There were 13 homes sold in Montgomery in September 2017.

The median sales tax in Montgomery for the most recent year with available data, 2017, was $4,491.90, approximately 3.2% of the median home sale price for September 2018.

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

CitySept. 2018 Home SalesSept. 2017 Home Sales% change (Total Home Sales)Sept. 2018 Median Sales PriceSept. 2017 Median Sales Price% change (Median Sales Price)
Batavia3540-12.5%$225,500$274,000-17.7%
Gilberts990%$218,000$232,000-6%
East Dundee46-33.3%$215,000$232,500-7.5%
Elgin89122-27%$209,000$172,00021.5%
Big Rock41300%$205,000$180,00013.9%
South Elgin1727-37%$199,000$238,900-16.7%
Pingree Grove1015-33.3%$175,950$183,000-3.9%
Lily Lake20-$173,000$0-
Aurora123132-6.8%$163,000$152,5006.9%
Carpentersville3250-36%$157,108$155,4501.1%
Montgomery813-38.5%$139,250$235,900-41%
* This story only considers sales data for the part of Montgomery that is in Kane County.

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