Montgomery County, IL Home Values & Market Trends
The median home price in Montgomery County, IL is $87,637.24. There were 521 home sales in Montgomery County, IL over the past 12 months. The median residential Montgomery County, IL home value for transactions over the previous year is $45,000. The number of current listings in Montgomery County, IL is 30, and the percentage of properties for sale is 30.00%. The county has 37 foreclosures, 10 bank owned properties, 7 headed for auction, and 30 properties for sale.
Montgomery County, IL Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Litchfield | $ 133,000 $ 89/sqft | Walshville | $ -- $ -- |
| Nokomis | $ 47,551 $ 40/sqft | Harvel | $ -- $ -- |
| Hillsboro | $ 173,518 $ 109/sqft | Waggoner | $ -- $ -- |
| Witt | $ 75,473 $ 48/sqft | Panama | $ -- $ -- |
| Coffeen | $ 42,234 $ 40/sqft | Taylor Springs | $ -- $ -- |
| Raymond | $ 133,832 $ 54/sqft | Irving | $ -- $ -- |
| Farmersville | $ 180,197 $ 106/sqft | Ohlman | $ -- $ -- |
| Donnellson | $ -- $ -- | Butler | $ -- $ -- |
| Fillmore | $ -- $ -- |
Housing Market Summary for Montgomery County, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $89,900 | $77,854 | -13.40% |
| Median Sold Price | $70,196 | $77,854 | 10.91% |
| Homes For Sale | 23 | 24 | 4.35% |
| Homes Sold | 231 | 318 | 37.66% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Montgomery County, IL
Browse Homes in Montgomery County, IL
Montgomery County, IL home values range from $8,084 to $1,103,569. Farmersville is the priciest city with a median listing home price of $218,000, and Coffeen is most affordable with average house prices of around $25,000.
- Pre-ForeclosurePre-foreclosure homes account for 0.20% of all residential properties in Montgomery County, IL with Hillsboro containing 7 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 17 cities within Montgomery County, IL; of those cities, the estimated home value for pre-foreclosure homes ranges from $197,254 in Witt to the lowest home value of $13,230 in Nokomis.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Montgomery County, IL ranges from the highest value of $178,601 in Farmersville to the lowest value of $32,004 in Litchfield. Bank owned homes and properties account for 0.10% of properties in Montgomery County, IL. There are 17 cities within Montgomery County, IL; Litchfield containing 5 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsLitchfield has 5 auction properties, the highest number of properties going to auction in a single city in the state of Montgomery County, IL. Auction homes and other auction properties account for 0.07% of all properties in Montgomery County, IL. There are 17 cities within Montgomery County, IL; of those cities, the median estimated home value for homes going to auction ranges from $122,217 in Hillsboro to the lowest value of $52,979 in Hillsboro.
Compare Nearby Cities
More Real Estate Resources for Montgomery County, IL
Guide for Montgomery County, IL
Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.
A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.
Learn how a short sale can stop the foreclosure process.
Learn effective strategies to safeguard your credit score after experiencing a foreclosure.
