Altos Market Data for Realtors

Montgomery, IL

Single-Family Homes

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Montgomery, IL

Wed Oct 20 2021
This week the median list price for Montgomery, IL is $302,900 with the market action index hovering around 96. This is an increase over last month's market action index of 95. Inventory has decreased to 17. Click here to stay informed with the Montgomery market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have recently resumed upward pressure.

Montgomery, IL

Wed Oct 20 2021
This week the median list price for Montgomery, IL is $302,900 with the market action index hovering around 96. This is an increase over last month's market action index of 95. Inventory has decreased to 17. Click here to stay informed with the Montgomery market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have recently resumed upward pressure.

Real-Time Market Profile

Never miss important changes in the Montgomery market.
Median List Price $302,900
Median Price of New Listings $269,900
Per Square Foot $163
Average Days on Market 23
Median Days on Market 0
Price Decreased 12%
Price Increased 0%
Relisted 0%
Inventory 17
Median Rent $995
Market Action 96
Strong Seller's Market

Price trends continued their recent uptrend this week. While still below the market’s high point, we may be seeing the start of a good price stretch here.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$342,450 2,453 8,000 - 10,000 sqft 3 2 18 2 0 3
$329,450 1,988 0.25 - 0.5 acre 4 2 15 1 2 7
$274,900 1,714 8,000 - 10,000 sqft 3 2 34 2 1 3
$217,000 1,170 6,500 - 8,000 sqft 3 1 43 4 1 0