Montgomery, IL 60538 Real Estate & Property Data

Montgomery, IL 60538 Real Estate Market Trends
Last Updated: April 26, 2024

A total of 403 residential properties have been sold over the past 12 months in 60538. With a median sales price of $255,000 in 60538 and a total of 4 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 9,035
Total Commercial Properties 212
Avg. Home Age (Single Family Home) 31 Years
Avg. Square Feet (Single Family Home) 1,764
Total 2024 Residential Sales (year-to-date) 46
% of Homes Seriously Underwater (Q2 2024) 0.61%
Total 2023 Residential Sales 389
% of Equity Rich Homes (Q2 2024) 43.27%
Effective 2023 Property Tax 1.95%
Total Foreclosure Filings (year-to-date) 13
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Montgomery, IL 60538 Real Estate Overview

There were 403 residential properties sold in the past year in Montgomery, IL 60538. The median home value in Montgomery, IL 60538 is $287,561. There are a total of 9,035 residential properties in the 60538.

Median Sales Price i
$255,000
(Feb 2024)
-5.6%
year-over-year
y-o-y
  • February '24 Feb '24 $255,000
  • January '24 Jan '24 $275,000
  • December '23 Dec '23 $290,000
  • November '23 Nov '23 $283,000
  • October '23 Oct '23 $283,500
  • September '23 Sep '23 $270,000
  • August '23 Aug '23 $290,000
  • July '23 Jul '23 $293,500
  • June '23 Jun '23 $285,000
  • May '23 May '23 $260,000
  • April '23 Apr '23 $283,000
  • March '23 Mar '23 $290,000
Median Down Payment i
$16,000
(Feb 2024)
-54%
year-over-year
y-o-y
  • February '24 Feb '24 $16,000
  • January '24 Jan '24 $23,169
  • December '23 Dec '23 $9,556
  • November '23 Nov '23 $37,600
  • October '23 Oct '23 $16,400
  • September '23 Sep '23 $16,600
  • August '23 Aug '23 $13,350
  • July '23 Jul '23 $17,475
  • June '23 Jun '23 $27,600
  • May '23 May '23 $25,725
  • April '23 Apr '23 $15,000
  • March '23 Mar '23 $13,125
Number of Homes Sold i
22
(Feb 2024)
+37.5%
year-over-year
y-o-y
  • February '24 Feb '24 22
  • January '24 Jan '24 24
  • December '23 Dec '23 39
  • November '23 Nov '23 40
  • October '23 Oct '23 35
  • September '23 Sep '23 42
  • August '23 Aug '23 37
  • July '23 Jul '23 29
  • June '23 Jun '23 33
  • May '23 May '23 29
  • April '23 Apr '23 19
  • March '23 Mar '23 38
Number of Purchase Loans i
22
(Feb 2024)
+46.7%
year-over-year
y-o-y
  • February '24 Feb '24 22
  • January '24 Jan '24 23
  • December '23 Dec '23 25
  • November '23 Nov '23 37
  • October '23 Oct '23 32
  • September '23 Sep '23 34
  • August '23 Aug '23 35
  • July '23 Jul '23 29
  • June '23 Jun '23 27
  • May '23 May '23 26
  • April '23 Apr '23 19
  • March '23 Mar '23 32
Number of REFI Loans i
28
(Feb 2024)
+40%
year-over-year
y-o-y
  • February '24 Feb '24 28
  • January '24 Jan '24 22
  • December '23 Dec '23 54
  • November '23 Nov '23 41
  • October '23 Oct '23 25
  • September '23 Sep '23 23
  • August '23 Aug '23 28
  • July '23 Jul '23 29
  • June '23 Jun '23 22
  • May '23 May '23 22
  • April '23 Apr '23 17
  • March '23 Mar '23 17
Number of HELOC Loans i
5
(Feb 2024)
+66.7%
year-over-year
y-o-y
  • February '24 Feb '24 5
  • January '24 Jan '24 14
  • December '23 Dec '23 14
  • November '23 Nov '23 16
  • October '23 Oct '23 13
  • September '23 Sep '23 14
  • August '23 Aug '23 10
  • July '23 Jul '23 10
  • June '23 Jun '23 7
  • May '23 May '23 12
  • April '23 Apr '23 9
  • March '23 Mar '23 7

Montgomery, IL 60538 Foreclosure Activity

There were a total of 4 Montgomery, IL 60538 properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 3 Montgomery, IL 60538 properties and repossessed 2 Montgomery, IL 60538 properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
4
(Feb 2024)
-73.3%
year-over-year
y-o-y
  • February '24 Feb '24 4
  • January '24 Jan '24 9
  • December '23 Dec '23 3
  • November '23 Nov '23 7
  • October '23 Oct '23 9
  • September '23 Sep '23 6
  • August '23 Aug '23 9
  • July '23 Jul '23 3
  • June '23 Jun '23 4
  • May '23 May '23 6
  • April '23 Apr '23 8
  • March '23 Mar '23 7
Foreclosure Starts i
3
(Feb 2024)
-66.7%
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 8
  • December '23 Dec '23 3
  • November '23 Nov '23 6
  • October '23 Oct '23 4
  • September '23 Sep '23 4
  • August '23 Aug '23 5
  • July '23 Jul '23 1
  • June '23 Jun '23 1
  • May '23 May '23 3
  • April '23 Apr '23 7
  • March '23 Mar '23 4
Completed Foreclosures (REOs) i
2
(Feb 2024)
  • February '24 Feb '24 2
  • January '24 Jan '24 1
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 1
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 1
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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