Montgomery, IL

Leaning buyer's+13.9% YoY

Housing market overview · Updated weekly

$405,000median sale price

Homes sold

8

Last 12 weeks

Days on market

46

Average pace

Active listings

46

5.8 months supply

Sale-to-list

99.6%

Below asking

The Montgomery housing market is currently classified as a leaning buyer's with a median sale price of $405,000. Prices have risen 13.9% compared to last year, with homes spending an average of 46 days on market, indicating 5.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Montgomery

There are currently 46 homes listed for sale in Montgomery, Illinois. The median listing price is $455K.

Active listings

46

Homes on market

Median list price

$455K

Avg. days on market

46

Days until sale

New this week

30

Newly listed

Price drops:6.5%of listings
Sale-to-list:99.6%

Explore nearby cities in IL

Frequently asked questions

What is the average home price in Montgomery?

The median home sale price in Montgomery is $405,000, up 13.9% from last year.

How long do homes stay on market in Montgomery?

Homes typically spend 46 days on market before going under contract.

Is Montgomery a buyer's or seller's market?

With 5.8 months of supply, Montgomery is currently a leaning buyer's.

Get Montgomery market alerts

Weekly updates on prices, inventory, and trends. Free forever.