Foreclosure Homes in Montgomery, IL

Current Market Conditions in Montgomery, IL

Montgomery's real estate market has been steadily growing, with a mix of new construction and established homes available. There has been increased interest among homebuyers due to the affordability compared to nearby metropolitan areas. The community's amenities and appealing lifestyle have contributed to a solid demand for housing.

Prices in Montgomery are remaining competitive, with buyers facing moderate competition. The market's growth trajectory suggests a positive trend, as more individuals and families look to relocate to suburban areas that offer quality living environments.

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.