What happened to the median home price in Montgomery (Kane County) during the first half of 2022?

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The median sale price of a home sold in the first half of 2022 in Montgomery in Kane County rose by $22,000 while total sales increased by 14.5 percent, according to BlockShopper.com.

From January through June, there were 95 homes sold, with a median sale price of $240,000 - a 10.1 percent increase over the $218,000 median sale price for the same period of the previous year. There were 83 homes sold in Montgomery in the first half of 2021.

The median sales tax in Montgomery for the most recent year with available data, 2019, was $4,772, approximately two percent of the median home sale price for the first half of 2022.

The following table compares Montgomery to other Kane County cities with similar median sale prices in the first half of 2022:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Fox River Estates13-66.7$268,500$273,500-1.8
Pingree Grove85101-15.8$240,000$210,10014.2
East Dundee3243-25.6$239,950$210,00014.3
Almora Heights36-50$235,000$247,500-5.1
Maple Park161060$215,250$254,000-15.3
* This story only considers sales data for the part of Montgomery that is in Kane County.

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