From January to March, 78 homes sold in Montgomery for a median price of $200,000. That's 15.3 percent higher than median home sale prices for the first quarter of 2017.
In the first quarter, 2 homes in Montgomery were in foreclosure.
Median property tax for homeowners in Montgomery was $6,004.41 in 2017 according to tax data from that year. That means homeowners pay 3.5 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.
Montgomery real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
70
$250,673
-
2010
74
$200,070
-20.2%
2011
56
$188,122
-6%
2012
73
$158,050
-16%
2013
83
$159,840
1.1%
2014
78
$159,000
-0.5%
2015
76
$171,588
7.9%
2016
72
$181,125
5.6%
2017
75
$173,400
-4.3%
2018
78
$200,000
15.3%
Median property tax
Median sale price
Effective property tax rate
2009
$6,803.45
$250,673
2.7%
2010
$5,856.75
$200,070
2.9%
2011
$6,468.26
$188,122
3.4%
2012
$5,811.88
$158,050
3.7%
2013
$6,244.60
$159,840
3.9%
2014
$5,328.32
$159,000
3.4%
2015
$5,844.70
$171,588
3.4%
2016
$5,269.89
$181,125
2.9%
2017
$6,004.41
$173,400
3.5%
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