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Kane County Reporter

Thursday, November 21, 2024

April: Montgomery (Kane County) experienced a 2.2% drop in median home prices

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The median sale price of a home sold in April in Montgomery in Kane County fell by $5,570 while total sales increased by 16.7 percent, according to BlockShopper.com.

In April, there were 21 homes sold, with a median sale price of $247,380 - a 2.2 percent decrease from the $252,950 median sale price for the same period of the previous year. There were 18 homes sold in Montgomery in April 2021.

The median sales tax in Montgomery for the most recent year with available data, 2019, was $4,772, approximately 1.9 percent of the median home sale price for April.

The following table compares Montgomery to other Kane County cities with similar median sale prices in April:

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
North Aurora27270$279,000$295,000-5.4
Algonquin1013-23.1$272,500$375,000-27.3
Prestbury26-66.7$263,000$310,500-15.3
Hampshire827-70.4$262,500$292,000-10.1
Elgin100108-7.4$262,500$225,00016.7
Montgomery211816.7$247,380$252,950-2.2
Pingree Grove1222-45.5$240,950$198,50021.4
Carpentersville393414.7$237,000$189,95024.8
Maple Park12-50$235,000$621,250-62.2
Burlington10-$235,000$0-
East Dundee311-72.7$220,000$199,00010.6
* This story only considers sales data for the part of Montgomery that is in Kane County.

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