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Kane County Reporter

Monday, September 30, 2024

Montgomery (Kane County) home prices rise in November 2019

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The median sale price of a home sold in November 2019 in Montgomery in Kane County rose by $55,750 while total sales decreased by 23.1%, according to BlockShopper.com.

In November 2019, there were 10 homes sold, with a median sale price of $235,750 - a 31% increase over the $180,000 median sale price for the same period of the previous year. There were 13 homes sold in Montgomery in November 2018.

The median sales tax in Montgomery for the most recent year with available data, 2018, was $4,541, approximately 1.9% of the median home sale price for November 2019.

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

CityNov. 2019 Home SalesNov. 2018 Home Sales% change (Total Home Sales)Nov. 2019 Median Sales PriceNov. 2018 Median Sales Price% change (Median Sales Price)
Algonquin219133.3%$262,500$315,000-16.7%
Marywood110%$253,500$220,00015.2%
Big Rock110%$251,100$354,000-29.1%
Pingree Grove9650%$249,900$269,750-7.4%
Hampshire131118.2%$237,001$310,000-23.5%
Montgomery1013-23.1%$235,750$180,00031%
Almora Heights10-$225,000$0-
South Elgin221637.5%$220,000$217,3001.2%
Gilberts7616.7%$218,000$281,800.50-22.6%
Elgin88106-17%$208,500$193,0008%
Novak Park110%$193,000$191,0001%
* This story only considers sales data for the part of Montgomery that is in Kane County.

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