Housing in Montgomery, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$390,000
Median List Price
$310,000
Price Per Sq Ft
$162
Days on Market
94
Active Inventory
30
Months of Supply
3.0
Seller's market
Zillow Home Value
$318,011
ZHVI — January 2026
Zillow Rent Index
$2,652
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
30.0%
Off Market in 2 Weeks
21.4%
Sale-to-List Ratio
98.4%
Buyer's market
Market Activity
Source: RedfinHomes Sold
10
New Listings
11
Pending Sales
14
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$162
Median List $/SF
$181
Montgomery vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Montgomery is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$270,700
Median Rent
$1,897
Total Housing Units
7,452
Vacancy Rate
4.9%
Owner Occupied
78.2%
Renter Occupied
21.8%
Median Property Tax
$6,941
per year
Monthly Cost (w/ Mortgage)
$1,955
Housing Types
The current median sale price in Montgomery, IL is $390,000 according to Redfin data. Homes spend a median of 94 days on the market. 30.0% of homes sold above asking price. The market has 3.0 months of supply. The median price per square foot is $162. Zillow's observed rent index is $2,652/month. About 78.2% of housing units are owner-occupied. The median year homes were built is 2003. There are 7,452 total housing units.