Montgomery (Kane County) home prices rise in the first half of 2020

Medium realestate077

The median sale price of a home sold in the first half of 2020 in Montgomery in Kane County rose by $9,000 while total sales decreased by 32.9%, according to BlockShopper.com.

From January through June of 2020, there were 53 homes sold, with a median sale price of $192,000 - a 4.9% increase over the $183,000 median sale price for the same period of the previous year. There were 79 homes sold in Montgomery in the first half of 2019.

The median sales tax in Montgomery for the most recent year with available data, 2018, was $4,541, approximately 2.4% of the median home sale price for the first half of 2020.

The following table compares Montgomery to other Kane County cities with similar median sales prices in the first half of 2020:

CityJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
Marywood24-50%$237,750$244,000-2.6%
Gilberts5370-24.3%$220,500$241,450-8.7%
Elgin510589-13.4%$197,000$203,000-3%
Pingree Grove7892-15.2%$196,500$205,450-4.4%
Hampshire5761-6.6%$193,400$246,000-21.4%
Montgomery5379-32.9%$192,000$183,0004.9%
Scraper-Moecherville23-33.3%$188,950$50,000277.9%
Carpentersville192220-12.7%$177,750$168,0005.8%
East Dundee261844.4%$171,750$176,250-2.6%
Aurora543722-24.8%$170,000$163,2504.1%
Burlington5366.7%$168,000$148,00013.5%
* This story only considers sales data for the part of Montgomery that is in Kane County.

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