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MONTGOMERY, IL 60538

Real Estate Market Report
Buyer's Market
June 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 60538

} · //--> · AddMarkers('1','#0000f0',[41.733,41.728,41.722,41.731],[-88.337,-88.318,-88.379,-88.334],['Riverside Cemetery','Saint Paul's Catholic Cemetery','Keck Memorial Cemetery','French Cemetery']); · AddMarkers('1','#009090',[41.731,41.720,41.712,41.729,41.715,41.703,41.738,41.737,41.732],[-88.338,-88.338,-88.338,-88.336,-88.324,-88.346,-88.387,-88.331,-88.325],['Montgomery Park','Briarcliff Woods Park','Susan John Park','Porter Park','Winrock Park',' · ShowMarkers();

Market Analysis

Data as of June 2026. Source: Realtor.com.

The MONTGOMERY, IL real estate market (60538) currently shows 81 active listings, with 57 pending sales. Homes are averaging 31 days on the market before going under contract.

Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 31 days on market compared to 22 days last year.

The median listing price has fallen 7.8% year-over-year, from $373,750 to $344,450.

Whether you are buying or selling in MONTGOMERY, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 30,101  ·  Density: 1,197.8/mi²  ·  Median household income: $91,591

Typical home value: $242,928  ·  Homeownership: 77.8%

Market Overview

Active Listings
81
⇧ 39.7% vs 58 last year
Pending
57
70% pending ratio
Median Price
$344,450
⇩ 7.8% vs $373,750 last year
Average Price
$357,609
⇧ 1.6% vs $352,129 last year
Days on Market
31
⇧ 40.9% vs 22 days last year

Price Per Square Foot

Median $/sqft
$196
⇧ 10.1% vs $178/sqft last year
Median Home Size
1,768 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 81 this year vs 58 last year
  • Days on market: 31 now vs 22 last year

Median & Average Pricing

Year over Year
  • Median: $344,450 (-7.8% YoY)
  • Average: $357,609 (+1.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 12.3 miles — 796 listings ($479,680,335 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60538Montgomery, IL 605380.0 mi55$19,623,285$338,700$356,787
60543Oswego, IL 605434.2 mi148$78,019,532$449,925$527,159
60512Bristol, IL 605124.5 mi1$425,000$425,000$425,000
60542North Aurora, IL 605426.0 mi55$25,938,770$466,475$471,614
60554Sugar Grove, IL 605546.6 mi29$14,343,951$501,950$494,619
60585Plainfield, IL 605858.1 mi121$86,119,451$624,593$711,731
60510Batavia, IL 605108.7 mi67$35,583,298$492,523$531,094
60545Plano, IL 605459.7 mi31$11,235,051$345,000$362,421
60511Big Rock, IL 6051110.6 mi1$399,900$399,900$399,900
60563Naperville, IL 6056311.1 mi83$60,417,526$593,475$727,922
60540Naperville, IL 6054011.3 mi70$84,315,140$843,750$1,204,502
60490Bolingbrook, IL 6049011.6 mi48$25,971,840$507,778$541,080
60586Plainfield, IL 6058612.3 mi87$37,287,591$415,500$428,593

Frequently Asked Questions

How many homes are for sale in MONTGOMERY, IL 60538?

As of June 2026, there are 81 active listings in MONTGOMERY, IL (zip code 60538), compared to 58 the prior year.

What is the median home price in MONTGOMERY, IL 60538?

The median listing price in MONTGOMERY, IL 60538 is $344,450 as of June 2026, a 7.8% decrease from $373,750 the prior year.

How long do homes stay on the market in MONTGOMERY, IL?

Homes in MONTGOMERY, IL 60538 spend an average of 31 days on the market before going under contract, compared to 22 days the prior year.

Is it a seller's or buyer's market in MONTGOMERY, IL 60538?

Based on current inventory and days-on-market data as of June 2026, MONTGOMERY, IL 60538 is currently a Buyer's Market. Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 31 days on market compared to 22 days last year.

How much can I save on real estate commission in MONTGOMERY, IL?

With SELL123.com's maximum 3% commission, sellers in MONTGOMERY, IL 60538 save an estimated $6,889 compared to a typical 5% commission on the median listing price of $344,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.