Altos Market Data for Realtors

Montgomery, IL

Single-Family Homes

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Montgomery, IL

Thu Jul 03 2025
This week the median list price for Montgomery, IL is $390,000 with the market action index hovering around 76. This is less than last month's market action index of 80. Inventory has held steady at or around 15. 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

Market Narrative

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Montgomery, IL

Thu Jul 03 2025
This week the median list price for Montgomery, IL is $390,000 with the market action index hovering around 76. This is less than last month's market action index of 80. Inventory has held steady at or around 15. 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

Market Narrative

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Montgomery market.
Median List Price $390,000
Median Price of New Listings $349,900
Per Square Foot $171
Average Days on Market 35
Median Days on Market 14
Price Decreased 33%
Price Increased 0%
Relisted 7%
Inventory 15
Median Rent
Market Action 76
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$440,000 2,919 0 - 4,500 sqft 4 3 21 1 2 21
$394,950 2,471 0 - 4,500 sqft 4 2.5 21 1 2 21
$387,450 1,988 - 4 2.3 50 0 2 7
$299,900 1,338 - 2 1.5 29 2 2 0