Are you wondering if now is the right time to sell in Montgomery?
The 2025 real estate market in Montgomery has been busy, competitive, and full of opportunity for sellers. Homes are moving faster, demand is steady, and even with higher interest rates, motivated buyers are making strong offers when the right property hits the market.
Here’s a closer look at the trends shaping Montgomery this year — and what they mean if you’re considering selling in 2025.
🏡 Montgomery, IL Housing Market Trends 2025 (YTD 2025)
- Faster sales. Homes are selling in just 37 days on average — that’s 10 days faster than last year.
- Prices holding steady. The median sale price sits at $340K–$345K, essentially flat year-over-year. Zillow’s home value index shows a modest +4.4% gain.
- Inventory is low. Only about 48 homes were listed in July 2025, with 31 new listings that month. Buyers don’t have many choices, which keeps competition high.
- Sales volume steady. 17 homes sold in July 2025, slightly above the same time last year.
👉 Takeaway: Sellers still have the upper hand. A well-priced, well-prepared home in Montgomery will attract serious buyers quickly.
💰 Cost of Living in Montgomery
Montgomery remains affordable compared to many Chicago suburbs:
- Overall cost of living: ~2% above the U.S. average.
- Housing affordability: Typical home costs about $270K — roughly 20% less than the U.S. median. Rent averages $1,470 for a 2-bedroom apartment, close to the national average.
- Taxes are higher. Illinois property taxes average 2.4% of home value (about $8,000+ on a $350K home). Sales tax is 8% and Illinois income tax is 5%.
👉 Takeaway: Montgomery is budget-friendly for housing, but homeowners must factor in higher property taxes.
🚚 Who’s Moving To (and From) Montgomery?
- Local moves dominate. About 82% of buyers already live in the Chicago metro.
- Out-of-area buyers. A small share (≈3%) comes from Rockford, Peoria, and St. Louis, drawn by affordability and location.
- Where locals go. Sellers leaving Montgomery often head to Phoenix, Cape Coral, Sarasota, or Milwaukee, following retirement or job opportunities.
👥 Montgomery Buyer & Seller Behavior in 2025
- Buyers act fast. Hot homes can still sell 3% over asking and go under contract in a week. Some waive contingencies to compete.
- Fewer bidding wars than 2024. About 41% of homes sold over list in mid-2025 (vs. nearly 70% last year).
- Sale-to-list price ratio: ~98%. Most homes are selling right at market value — overpriced listings risk sitting.
- Sellers have the edge. Limited inventory means move-in-ready homes under $400K are especially competitive.
Curious what your Montgomery home could sell for? 📊 Get Your Free Home Valuation
🏘️ Montgomery Lifestyle & Neighborhoods
Montgomery is a family-oriented, fast-growing suburb with something for everyone:
- Young population. Average age is 31; nearly 30% of residents are under 18.
- Neighborhood variety.
- Boulder Hill → Entry-level homes in the high $200Ks.
- Windcrest & Washington → Larger, newer homes $400K+.
- New construction → Starting mid-$200Ks, with modern layouts and energy efficiency.
- Lifestyle perks. Fox River Trail, parks, bike paths, Montgomery Fest, and new restaurants like Cooper’s Hawk Winery.
- Growth & investment. Population now tops 22,000. Projects include a new pedestrian bridge, water transition to Lake Michigan (by 2026), and park upgrades.
👉 Takeaway: Buyers love Montgomery’s mix of affordability, amenities, and small-town feel near bigger cities like Naperville and Aurora.
📈 What This Means for Sellers
If you’re considering selling in Montgomery:
- Price at market value. Today’s buyers are careful; overpricing kills momentum.
- Prep your home. Small updates (paint, declutter, curb appeal) can help you sell faster.
- Timing matters. The first 1–2 weeks on market are critical.
- Know your competition. New builds are attracting buyers, so resale homes need to shine.
✅ Bottom Line
Montgomery’s market in 2025 is stable, fast-moving, and still favors sellers. Prices have leveled off, but homes are selling quickly thanks to strong buyer demand and limited supply.
If you’re a Montgomery homeowner, now is a smart time to explore your selling options.
📊 Get Your Free Home Valuation
Or click below to schedule a quick consultation with me — no pressure, just good information to help you make the best decision.
Looking outside Montgomery? Check out our Naperville Housing Market Update, Wheaton Market Insights or Oswego Seller’s Guide.