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Kane County Reporter

Tuesday, April 23, 2024

Montgomery (Kane County) home prices fall in March 2020

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The median sale price of a home sold in March 2020 in Montgomery in Kane County fell by $15,450 while total sales decreased by 12.5%, according to BlockShopper.com.

In March 2020, there were 14 homes sold, with a median sale price of $184,500 - a 7.7% decrease over the $199,950 median sale price for the same period of the previous year. There were 16 homes sold in Montgomery in March 2019.

The median sales tax in Montgomery for the most recent year with available data, 2018, was $4,541, approximately 2.5% of the median home sale price for March 2020.

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

CityMar. 2020 Home SalesMar. 2019 Home Sales% change (Total Home Sales)Mar. 2020 Median Sales PriceMar. 2019 Median Sales Price% change (Median Sales Price)
Gilberts12933.3%$233,750$270,000-13.4%
Marywood10-$230,500$0-
Big Rock110%$204,000$260,000-21.5%
Elgin87843.6%$192,500$208,000-7.5%
Burlington10-$192,000$0-
South Elgin17166.3%$191,000$206,000-7.3%
Montgomery1416-12.5%$184,500$199,950-7.7%
Carpentersville352729.6%$169,900$155,0009.6%
Aurora85120-29.2%$167,000$149,95011.4%
East Dundee52150%$147,500$152,500-3.3%
Lily Lake110%$29,000$521,000-94.4%
* This story only considers sales data for the part of Montgomery that is in Kane County.

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