Why Live in Montgomery
Snug between Aurora, Boulder Hill, and several other western Chicagoland cities, Montgomery is a village bisected by the Fox River. With a population of around 20,000, this village offers small-town charm and privacy. “It’s not a situation where everybody knows you, and everyone knows what you’re doing,” says Theresa Sperling, a village trustee for Montgomery. “But the community is very welcoming, which is a nice and healthy balance.” This atmosphere and proximity to nearby job hubs make Montgomery popular with professionals who want to come home from work to a laid-back, suburban village. “We have so many locals who not only were born and raised here, but they’ve chosen to stay and work here,” says Kristina Nemetz, communications manager for the village. “We’re a small community, but we’re mighty.” The median price for real estate in Montgomery hovers around the high $200,000s, lower than the national median by more than $100,000. “The biggest draw for me moving here was the amount of space and lower cost, compared to nearby cities,” says Sperling. “I purchased my townhouse in 2005. I have 1,600 square feet, which is a nice size for a townhouse.” 21st-century townhomes cluster
Home Trends in Montgomery, IL
On average, homes in Montgomery, IL sell after 19 days on the market compared to the national average of 50 days. The median sale price for homes in Montgomery, IL over the last 12 months is $297,000, up 6% from the median home sale price over the previous 12 months.
Median Sale Price
$297,000
Median Single Family Sale Price
$297,000
Median Townhouse Sale Price
$318,450
Median 2 Bedroom Sale Price
$252,500
Average Price Per Sq Ft
$192
Number of Homes for Sale
29
Last 12 months Home Sales
250
Median List Price
$299,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
6%