Montgomery, IL 60538 Real Estate & Property Data

Montgomery, IL 60538 Real Estate Market Trends
Last Updated: March 24, 2023

A total of 601 residential properties have been sold over the past 12 months in 60538. With a median sales price of $257,696 in 60538 and a total of 10 foreclosures in Montgomery, IL 60538. Discover market trends and get the granular level real estate data for Montgomery, IL 60538 to keep your pulse on the housing market. Curate compelling home reports for Montgomery, IL 60538 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Montgomery, IL 60538 Real Estate Market Trends
Total Residential Properties 8,968
Total Commercial Properties 211
Avg. Home Age (Single Family Home) 30 Years
Avg. Square Feet (Single Family Home) 1,764
Total 2023 Residential Sales (year-to-date) 33
% of Homes Seriously Underwater (Q1 2023) 0.72%
Total 2022 Residential Sales 568
% of Equity Rich Homes (Q1 2023) 41.14%
Effective 2022 Property Tax 2.05%
Total Foreclosure Filings (year-to-date) 10
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Montgomery, IL 60538 Real Estate Overview

There were 601 residential properties sold in the past year in Montgomery, IL 60538. The median home value in Montgomery, IL 60538 is $276,481. There are a total of 8,968 residential properties in the Montgomery, IL 60538.

Median Sales Price i
$257,696
(Jan 2023)
+3.1%
year-over-year
y-o-y
  • January '23 Jan '23 $257,696
  • December '22 Dec '22 $285,000
  • November '22 Nov '22 $250,000
  • October '22 Oct '22 $267,500
  • September '22 Sep '22 $278,000
  • August '22 Aug '22 $254,000
  • July '22 Jul '22 $249,281
  • June '22 Jun '22 $265,000
  • May '22 May '22 $316,000
  • April '22 Apr '22 $250,000
  • March '22 Mar '22 $240,000
  • February '22 Feb '22 $236,000
Median Down Payment i
$20,615
(Jan 2023)
+96.3%
year-over-year
y-o-y
  • January '23 Jan '23 $20,615
  • December '22 Dec '22 $12,025
  • November '22 Nov '22 $18,500
  • October '22 Oct '22 $24,500
  • September '22 Sep '22 $11,076
  • August '22 Aug '22 $10,500
  • July '22 Jul '22 $17,447
  • June '22 Jun '22 $18,250
  • May '22 May '22 $23,500
  • April '22 Apr '22 $30,422
  • March '22 Mar '22 $12,250
  • February '22 Feb '22 $10,345
Number of Homes Sold i
33
(Jan 2023)
-36.5%
year-over-year
y-o-y
  • January '23 Jan '23 33
  • December '22 Dec '22 29
  • November '22 Nov '22 47
  • October '22 Oct '22 59
  • September '22 Sep '22 42
  • August '22 Aug '22 45
  • July '22 Jul '22 60
  • June '22 Jun '22 53
  • May '22 May '22 40
  • April '22 Apr '22 50
  • March '22 Mar '22 44
  • February '22 Feb '22 47
Number of Purchase Loans i
27
(Jan 2023)
-50%
year-over-year
y-o-y
  • January '23 Jan '23 27
  • December '22 Dec '22 21
  • November '22 Nov '22 44
  • October '22 Oct '22 57
  • September '22 Sep '22 36
  • August '22 Aug '22 45
  • July '22 Jul '22 57
  • June '22 Jun '22 54
  • May '22 May '22 40
  • April '22 Apr '22 50
  • March '22 Mar '22 49
  • February '22 Feb '22 49
Number of REFI Loans i
21
(Jan 2023)
-75.3%
year-over-year
y-o-y
  • January '23 Jan '23 21
  • December '22 Dec '22 13
  • November '22 Nov '22 18
  • October '22 Oct '22 25
  • September '22 Sep '22 27
  • August '22 Aug '22 26
  • July '22 Jul '22 57
  • June '22 Jun '22 34
  • May '22 May '22 30
  • April '22 Apr '22 81
  • March '22 Mar '22 72
  • February '22 Feb '22 62
Number of HELOC Loans i
5
(Jan 2023)
-58.3%
year-over-year
y-o-y
  • January '23 Jan '23 5
  • December '22 Dec '22 12
  • November '22 Nov '22 11
  • October '22 Oct '22 7
  • September '22 Sep '22 11
  • August '22 Aug '22 21
  • July '22 Jul '22 10
  • June '22 Jun '22 16
  • May '22 May '22 7
  • April '22 Apr '22 5
  • March '22 Mar '22 5
  • February '22 Feb '22 6

Montgomery, IL 60538 Foreclosure Activity

There were a total of 10 Montgomery, IL 60538 properties with a foreclosure filing in January 2023. Lenders started the foreclosure process on 7 Montgomery, IL 60538 properties and repossessed 2 Montgomery, IL 60538 properties through completed foreclosures (REOs) in January 2023.

Total Foreclosure Filings i
10
(Jan 2023)
+42.9%
year-over-year
y-o-y
  • January '23 Jan '23 10
  • December '22 Dec '22 5
  • November '22 Nov '22 9
  • October '22 Oct '22 3
  • September '22 Sep '22 6
  • August '22 Aug '22 17
  • July '22 Jul '22 13
  • June '22 Jun '22 14
  • May '22 May '22 12
  • April '22 Apr '22 6
  • March '22 Mar '22 10
  • February '22 Feb '22 7
Foreclosure Starts i
7
(Jan 2023)
+133.3%
year-over-year
y-o-y
  • January '23 Jan '23 7
  • December '22 Dec '22 4
  • November '22 Nov '22 9
  • October '22 Oct '22 2
  • September '22 Sep '22 2
  • August '22 Aug '22 13
  • July '22 Jul '22 7
  • June '22 Jun '22 13
  • May '22 May '22 11
  • April '22 Apr '22 6
  • March '22 Mar '22 9
  • February '22 Feb '22 4
Completed Foreclosures (REOs) i
2
(Jan 2023)
+100%
year-over-year
y-o-y
  • January '23 Jan '23 2
  • December '22 Dec '22 2
  • November '22 Nov '22 N/A
  • October '22 Oct '22 1
  • September '22 Sep '22 N/A
  • August '22 Aug '22 N/A
  • July '22 Jul '22 N/A
  • June '22 Jun '22 N/A
  • May '22 May '22 1
  • April '22 Apr '22 N/A
  • March '22 Mar '22 1
  • February '22 Feb '22 N/A
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