Photo: Mythicmeadows · CC BY 3.0209 homes sold in Montgomery in the last year, at a typical $374K
About one sale in 4 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Montgomery homes are listed.
Every place Montgomery homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Montgomery.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 77% of Montgomery’s sales, at a typical $404K
209 homes sold in the year to May 2026.
typical sale · 160 sold in 12 months
- Per square foot
- $189IL $180
- Days to sell
- 47
- Sold over asking
- 41%
- Listings with a price cut
- 14%
Multi-family (2–4 units): 1 sold, typical $375K
Townhouses: 45 sold, typical $280K
Condos: 3 sold, typical $278K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at 1.8 times the 2016 price
209 sales in the last year, against 424 in 2017 and a low of 195 in 2024. The typical sale went from $209K in 2016 to $374K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $350K buys in Montgomery
Check a listing against what Montgomery homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Montgomery are more common than before the pandemic, but 56% fewer homes come up for sale
We read every month of Montgomery’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 209 sales.
If you’re buying in Montgomery
- Shop in March. It brings about 39 new listings a month, close to the busiest month, with fewer bidding wars (34% over asking).
- Less room to haggle. Only 14% of listings cut their price, against 22% before the pandemic.
- Bid near asking. Buyers paid 99.8% of the list price on average; 40% paid over.
- Move fast on good ones. 55% of homes are under contract within two weeks.
Summer brings the homes; spring brings the bidding wars
July has the most new listings (about 45 a month), but May is the most competitive: 46% of May sales close over asking. March offers nearly as much choice with fewer homes bid up (34%). November has the least competition (28%) but only about 19 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Illinois as a whole
| Montgomery now | 2017–19 | 2021 peak | IL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 40% | 27% | 66% | 37% |
| Gone within two weeksShare of homes under contract within 14 days | 55% | 42% | 71% | 46% |
| Listings with a price cutShare of homes for sale that cut their price | 14% | 22% | 13% | 19% |
| Price paid vs. askingAverage sale price ÷ list price | 99.8% | 98.7% | 102.1% | 99.2% |
| Days to sellMedian days from listing to contract | 46 | 55 | 6 | 49 |
42 homes for sale on a typical day
That’s 1.5 times the 2021 low (29), 56% fewer than in 2017–19 and well under 2012’s 115.
1 in 7 listings has cut its price
14% in the last year, against 22% in 2017–19 and 19% across Illinois.
Montgomery ranks 135th of 324 busy Illinois markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Montgomery is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Montgomery home costs about $2,699 a month
Price: Montgomery’s typical sale, last 12 months. Property tax at Montgomery’s 2.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Montgomery is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in July
The month with the most choice. December has the fewest, about 14.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $374K home, about $8,970 a year.
Taxes vs. neighborsSchools
The schools grade for Montgomery, from test results, graduation and how much students grow.
Schools in MontgomeryTypical commute
The average one-way trip to work for people who live in Montgomery.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Prestbury sells for less a square foot
The busier markets within 25 miles of Montgomery, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Aurora | 1,683 | $338K | $213 | 41% | 49 |
| Oswego | 460 | $391K | $196 | 38% | 54 |
| Yorkville | 432 | $373K | $186 | 37% | 61 |
| Montgomery | 209 | $374K | $190 | 40% | 46 |
| Sugar Grove | 159 | $430K | $186 | 29% | 57 |
| Boulder Hill | 79 | $296K | $220 | 49% | 55 |
| Prestbury | 33 | $445K | $176 | 21% | 57 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Montgomery, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Montgomery. People who follow the town see it, and so do people comparing Montgomery with their own town. No commission, no listing fee.
Questions about buying a home in Montgomery
What do homes sell for in Montgomery, IL?
209 homes sold in the year to May 2026 at a typical $374K, $190 a square foot.
Is Montgomery a buyer’s or seller’s market?
A seller’s market: 52 homes were for sale in May 2026 and 22 sold, about 2.4 months of supply. Buyers paid 99.8% of asking on average, and 14% of listings cut their price.
When is the best time to buy in Montgomery?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Montgomery?
About 2.4% of a home’s value a year. On a $374K home that’s near $8,970.
Where can I see homes for sale in Montgomery?
Zillow, Redfin, Realtor.com and Homes.com all carry Montgomery’s MLS listings; the search links above open each one filtered to Montgomery.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).