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:
City | Mar. 2020 Home Sales | Mar. 2019 Home Sales | % change (Total Home Sales) | Mar. 2020 Median Sales Price | Mar. 2019 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Gilberts | 12 | 9 | 33.3% | $233,750 | $270,000 | -13.4% |
Marywood | 1 | 0 | - | $230,500 | $0 | - |
Big Rock | 1 | 1 | 0% | $204,000 | $260,000 | -21.5% |
Elgin | 87 | 84 | 3.6% | $192,500 | $208,000 | -7.5% |
Burlington | 1 | 0 | - | $192,000 | $0 | - |
South Elgin | 17 | 16 | 6.3% | $191,000 | $206,000 | -7.3% |
Montgomery | 14 | 16 | -12.5% | $184,500 | $199,950 | -7.7% |
Carpentersville | 35 | 27 | 29.6% | $169,900 | $155,000 | 9.6% |
Aurora | 85 | 120 | -29.2% | $167,000 | $149,950 | 11.4% |
East Dundee | 5 | 2 | 150% | $147,500 | $152,500 | -3.3% |
Lily Lake | 1 | 1 | 0% | $29,000 | $521,000 | -94.4% |