The story of this market
The typical home in ZIP 60538 sells for about $319,333, or $197 per square foot.
Prices are roughly flat from a year ago (-0.2%), a market in balance. Homes take about 34 days to sell. HUD's fair market rent for a two-bedroom is $2,150 a month.
ZIP 60538 — Montgomery
The Montgomery 60538 housing market is currently stable, with median prices holding steady despite broader economic fluctuations. Demand remains supported by local affordability relative to the Chicago metro area, though inventory levels remain tight. Sales volume is consistent with seasonal norms, reflecting a balanced market environment.
This ZIP is well-suited for families and first-time homebuyers seeking suburban affordability and access to the Chicago metro area without the higher price points of neighboring Naperville or Oswego.
Median prices moved down 0.2% year over year.
Homes spend a median of 34 days on market with 2.5 months of supply — a fast-moving market.
23% of listings have cut prices · homes sell at 99.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 6.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 60538, Illinois
Crime rates in Montgomery are generally lower than the national average, with the area experiencing stable trends consistent with suburban Kendall and Kane County patterns.
Schools serving the area are primarily part of the Oswego Community Unit School District 308, which maintains a generally positive reputation for academic performance and facilities.
The area is subject to standard Midwestern climate risks, including severe thunderstorms and occasional flooding in low-lying areas near the Fox River; property insurance premiums are consistent with regional averages.
Montgomery benefits from its proximity to the Chicago-Naperville-Elgin economic corridor, with ongoing residential development and light industrial expansion along the Route 30 and Route 31 corridors.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Illinois) — Property Tax Assessment (Fair Cash Value): Property is assessed at 33 1/3% of its fair cash value. The tax bill is calculated by multiplying the equalized assessed value (EAV) by the aggregate tax rate of the local taxing districts.
Commuters primarily rely on personal vehicles via US-30 and IL-31 to reach employment hubs in Aurora and Naperville, with limited access to Metra commuter rail services in neighboring towns.
The area features extensive local park systems, including access to the Fox River trail network, several community parks, and proximity to major shopping centers in neighboring Oswego and Aurora.
The rental market is characterized by moderate vacancy pressure and steady demand, with a mix of single-family rentals and multi-family complexes serving the local workforce.
The local economy is anchored by manufacturing, logistics, and retail, with significant employment opportunities in the broader Chicago-Naperville-Elgin metropolitan area.
Transportation is primarily highway-dependent, with major access via US-30 and IL-31; public transit is limited to regional bus connections.
Development is focused on mixed-use commercial projects along major arterial roads and continued residential subdivision growth.
Kendall and Kane County assessment offices utilize mass appraisal techniques to determine fair market value for property tax purposes.
Parcels are subject to various taxing bodies, including school districts, fire protection districts, and library districts.
Property insurance market is stable, with premiums influenced by regional weather patterns and proximity to the Fox River flood plain.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
- Raging Waves4.25.9 mi
- Slick City Action Park4.75.6 mi
- The Forge Adventure Park & Ziplines4.518 mi
- Funway4.48.3 mi
- Enchanted Castle Family Entertainment Center4.319.2 mi
- Topgolf Naperville4.48.9 mi
- Cantigny Park4.813 mi
- Slick City Action Park4.75.6 mi
- Cog Hill Golf & Country Club4.419.9 mi
- Paramount Theatre4.82.9 mi
- Raging Waves4.25.9 mi
- Sri Venkateswara Swami (Balaji) Temple4.85.1 mi
- Slick City Action Park4.75.6 mi
- Paramount Theatre4.82.9 mi
- AMC Naperville 1646.4 mi
- Cantigny Park4.813 mi
- DuPage Children's Museum4.410.4 mi
- Blackberry Farm4.74.3 mi
- Old Joliet Prison4.618 mi
- Two Brothers Roundhouse4.43.2 mi
- Wolf's Crossing Community Park4.85.3 mi
- Blackwell Forest Preserve4.711.3 mi
- Commissioners Park4.76.6 mi
- Herrick Lake Forest Preserve4.712.5 mi
- Nike Park4.710.7 mi
- Topgolf Naperville4.48.9 mi
- Bolingbrook Golf Club4.510.2 mi
- Arrowhead Golf Club4.512.8 mi
- Cantigny Golf4.712.8 mi
- Mistwood Golf Club4.813 mi
- Chicago Premium Outlets4.56.4 mi
- Fox Valley Mall4.36.8 mi
- H Mart Naperville4.512.2 mi
- Naperville Fresh Market4.59 mi
- International Fresh Market4.27.3 mi
- Chicago O'Hare International Airport428.4 mi
- Chicago Midway International Airport430.3 mi
- Illinois Aviation Museum4.810.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Central community park with recreational facilities.
Regional trail system providing scenic biking and walking paths.
Large community space with event venues and sports fields.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.