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Kane County Reporter

Saturday, April 20, 2024

Montgomery (Kane County) home prices fall in January 2020

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The median sale price of a home sold in January 2020 in Montgomery in Kane County fell by $24,250 while total sales decreased by 40%, according to BlockShopper.com.

In January 2020, there were six homes sold, with a median sale price of $154,000 - a 13.6% decrease over the $178,250 median sale price for the same period of the previous year. There were 10 homes sold in Montgomery in January 2019.

The median sales tax in Montgomery for the most recent year with available data, 2018, was $4,541, approximately 2.9% of the median home sale price for January 2020.

The following table compares Montgomery to other Kane County cities with similar median sales prices in January 2020:

CityJan. 2020 Home SalesJan. 2019 Home Sales% change (Total Home Sales)Jan. 2020 Median Sales PriceJan. 2019 Median Sales Price% change (Median Sales Price)
Gilberts8560%$211,500$175,00020.9%
Pingree Grove136116.7%$196,500$211,350.50-7%
Elgin1006944.9%$185,000$210,000-11.9%
East Dundee12-50%$180,000$176,2502.1%
Fox River Estates110%$175,000$22,500677.8%
Carpentersville33323.1%$175,000$170,0002.9%
Aurora111115-3.5%$165,000$148,50011.1%
Hampshire8714.3%$158,500$217,000-27%
Montgomery610-40%$154,000$178,250-13.6%
Burlington21100%$88,000$148,000-40.5%
Exposition View110%$43,801$55,100-20.5%
* This story only considers sales data for the part of Montgomery that is in Kane County.

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