Montgomery County, IL Housing

Montgomery, IL County is an area that has seen steady and healthy growth in home values in the past year. The median value of a home in the county is currently $90,500, which is significantly lower than the US median of $338,100. Despite this difference, Montgomery County has experienced an impressive 1 year appreciation rate of 9.85%, which is higher than the national rate of 8.27%. This suggests that Montgomery County's housing market is strong and stable, making it an attractive option for potential homeowners.

The median home cost in Montgomery County is $90,500. Home appreciation the last 10 years has been 41.9%. Home Appreciation in Montgomery County is up 10.2%.

Average Age of Homes

- The median age of Montgomery County real estate is 53 years old

The Rental Market in Montgomery County

- Renters make up 19.7% of the Montgomery County population
- 2.3% of houses and apartments in Montgomery County, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Montgomery, Illinois	United States
	12,581.0	139,647,020.0
	58	42
	$90,500	$338,100
	10.2%	16.6%
	35.1%	57.0%
	41.9%	101.1%
	$18.60	$10.98
	$1,717	$2,690
	66.8%	57.4%
	11.4%	11.2%
	21.8%	31.4%
Vacant Housing
	2.3%	1.9%
	0.1%	0.4%
	1.4%	0.7%
	0.6%	0.4%
	2.2%	3.6%
	4.9%	4.1%
Value of Owner-Occupied Housing
	3.7%	2.6%
	8.5%	2.4%
	11.8%	2.8%
	17.8%	3.9%
	12.1%	4.5%
	15.5%	11.3%
	11.6%	13.0%
	14.7%	20.1%
	2.9%	13.6%
	0.7%	8.3%
	0.3%	9.7%
	0.3%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	7.2%	13.6%
	7.2%	13.6%
	10.5%	13.6%
	8.1%	13.2%
	13.2%	14.8%
	10.5%	13.6%
	10.0%	10.0%
	8.0%	4.7%
	29.0%	12.2%

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