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Kane County Reporter

Wednesday, November 27, 2024

Montgomery (Kane County) home prices rise in the second quarter of 2019

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The median sale price of a home sold in the second quarter of 2019 in Montgomery in Kane County rose by $1,500 while total sales decreased by 10.2%, according to BlockShopper.com.

From April through June of 2019, there were 44 homes sold, with a median sale price of $181,500 - a 0.8% increase over the $180,000 median sale price for the same period of the previous year. There were 49 homes sold in Montgomery in the second quarter of 2018.

The median sales tax in Montgomery for the most recent year with available data, 2017, was $4,492, approximately 2.5% of the median home sale price for the second quarter of 2019.

The following table compares Montgomery to other Kane County cities with similar median sales prices in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
East Dundee1037-73%$210,950$165,00027.8%
Elgin3663543.4%$205,000$194,0005.7%
Pingree Grove625512.7%$200,000$212,000-5.7%
Five Island Park20-$195,000$0-
Kaneville3250%$186,000$96,55092.6%
Montgomery4449-10.2%$181,500$180,0000.8%
Tanner Woods220%$170,882.09$315,000-45.8%
Carpentersville132162-18.5%$170,750$168,7001.2%
Aurora3973833.7%$170,000$165,0003%
Burlington24-50%$154,000$257,000-40.1%
Exposition View110%$144,000$10,0001340%
* This story only considers sales data for the part of Montgomery that is in Kane County.

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