foreclosure.com

Foreclosure Homes in Montgomery, IL 60538

Search within map
Price
Listing Type Up arrow
Property Type Up arrow
Displaying 1 - 10 of 402

Montgomery, IL Foreclosures

Current Market Conditions in in Montgomery, IL As of February 2026?
Over the past month, Montgomery's real estate market saw a slight uptick in housing prices, driven by increased buyer activity and limited inventory. Homes are selling more quickly than a few months ago, indicating a competitive market. The average time on market for homes has decreased, suggesting buyers are eager to secure properties in this desirable area.
How much do homes sell for in Montgomery, IL?
The average home price is currently $353,730.
In Montgomery, IL, how many homes are available?
There are currently 402 active home listings available in Montgomery.
What’s the average rental cost in Montgomery, IL?
The average rental price in Montgomery is $1,640.
What is the most expensive home in Montgomery?
The most expensive home sold in Montgomery had a price of $25,184,901.
What is currently the cheapest priced home in Montgomery, IL?
The cheapest home for sale in Montgomery is priced at $22,150.

Living in Montgomery, IL

Montgomery, IL is a charming suburban village known for its family-friendly environment and excellent schools. With numerous parks, recreational areas, and a host of community events, it fosters a strong community spirit. The area offers a wide range of housing options, making it an ideal location for new families and young professionals alike.

Buyer vs Seller Market in Montgomery, IL

The current real estate market in Montgomery is experiencing a steady growth trend, with homes in high demand due to favorable interest rates and the area's appeal for families. Many buyers are attracted to the village's strong school districts and community-oriented amenities that enhance the local lifestyle.

Home Value Estimator For Montgomery, IL

There are currently 9,390 real estate properties in Montgomery, IL, with a median automated valuation model (AVM) price of $312,706.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Montgomery, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Montgomery, IL, is $353,730.00, with the most expensive house in Montgomery, IL, topping out at $25,184,901.00 and the cheapest home in Montgomery, IL, clocking in at $22,150.00. In other words, there’s something for every potential homebuyer or savvy investor in Montgomery, IL!

Rent Prices In Montgomery, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Montgomery, IL, is on a rollercoaster ride. The average rent price in Montgomery, IL, is $1,640.00. Indeed, when looking to rent in Montgomery, IL, you can expect to pay as little as $910.00 or as much as $3,900.00, with the average rent median estimated to be $1,570.00. The good news is that finding an affordable and desirable property to rent in Montgomery, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Montgomery, IL 60538 Foreclosures

Market Trend for Montgomery, IL

Total Listings Available: 402

Market Values:

Home Prices from $22,150 to $25,184,901

Average Sales Price: $353,730

Rental Values:

Rental from $910 to $3,900

Average Rent Value: $1,640 / month

Nearby Areas

Nearby Zip Codes

Get NEW Foreclosure Listings sent to your inbox

Millions of people receive foreclosure alerts daily, don't miss out.

No Thanks | Remind Me Later
Equal Housing Opportunity
Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch.com 1999-2026. All Rights Reserved.