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Kane County Reporter

Monday, November 25, 2024

Montgomery (Kane County) home prices rise in July 2019

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The median sale price of a home sold in July 2019 in Montgomery in Kane County rose by $5,800 while total sales decreased by 28.6%, according to BlockShopper.com.

In July 2019, there were 10 homes sold, with a median sale price of $221,300 - a 2.7% increase over the $215,500 median sale price for the same period of the previous year. There were 14 homes sold in Montgomery in July 2018.

The median sales tax in Montgomery for the most recent year with available data, 2018, was $4,541, approximately 2.1% of the median home sale price for July 2019.

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

CityJuly 2019 Home SalesJuly 2018 Home Sales% change (Total Home Sales)July 2019 Median Sales PriceJuly 2018 Median Sales Price% change (Median Sales Price)
North Aurora36339.1%$247,500$263,000-5.9%
Big Rock31200%$243,820$290,000-15.9%
Huntley261752.9%$227,450$237,000-4%
Algonquin1726-34.6%$225,000$267,500-15.9%
Elgin15911933.6%$225,000$190,00018.4%
Montgomery1014-28.6%$221,300$215,5002.7%
Novak Park10-$190,000$0-
Carpentersville3854-29.6%$184,000$157,75016.6%
Aurora139143-2.8%$175,000$160,0009.4%
East Dundee10825%$173,250$176,500-1.8%
Burlington21100%$155,000$212,500-27.1%
* This story only considers sales data for the part of Montgomery that is in Kane County.

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