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Kane County Reporter

Wednesday, November 27, 2024

Montgomery (Kane County) home prices fall in June 2019

Realestate2

The median sale price of a home sold in June 2019 in Montgomery in Kane County fell by $5,000 while total sales decreased by 23.8%, according to BlockShopper.com.

In June 2019, there were 16 homes sold, with a median sale price of $174,000 - a 2.8% decrease over the $179,000 median sale price for the same period of the previous year. There were 21 homes sold in Montgomery in June 2018.

The median sales tax in Montgomery for the most recent year with available data, 2017, was $4,492, approximately 2.6% of the median home sale price for June 2019.

The following table compares Montgomery to other Kane County cities with similar median sales prices in June 2019:

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Gilberts191346.2%$229,000$197,50015.9%
East Dundee413-69.2%$217,500$150,00045%
Elgin1471460.7%$205,000$212,000-3.3%
Pingree Grove24240%$202,950$195,2503.9%
Five Island Park20-$195,000$0-
Burlington12-50%$183,000$269,450-32.1%
Carpentersville6069-13%$177,250$176,0000.7%
Aurora137149-8.1%$175,000$167,0004.8%
Kaneville10-$175,000$0-
Montgomery1621-23.8%$174,000$179,000-2.8%
Scraper-Moecherville10-$77,000$0-
* This story only considers sales data for the part of Montgomery that is in Kane County.

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