Montague, MA—01351
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Montague, MA
As of Oct '25, the median home price in Montague, MA is $379,000, with a year-over-year change of 0.0%. This indicates that home prices in Montague, MA are flat. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $379,000 | 0.0% |
| Single Family | $383,000 | -0.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $313,000 | -2.2% |
3 Bed | $398,000 | -0.7% |
4 Bed | $442,000 | 0.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Montague, MA
As of July '25, Rentcast reports the average rent in Montague, MA is $1,460, with a year-over-year rent change of -32.1%. Per bedroom, the median rent as of July '25 in Montague, MA is 2-bedrooms: $1,460. The most common rental property sizes in Montague, MA are 2-bedroom and 3-bedroom, accounting for 45.8% and 28.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,420 | $1,460 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,420 | $1,460 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Montague, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Montague, MA is 29. This is a decrease of -58.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $390,000 | 5.0% |
Listing Count | 3 | 80.0% |
| Listings as % of Homes | 0.0% | 80.0% |
Days on Market | 29 | -58.0% |
Demographics — Montague, MA
As of the latest ACS Survey released in 2023, Montague, MA has a population of 2,640, which has increased by 26.0% over the past 5 years. Montague, MA is a moderately popular place for families, as children make up 19.5% of the population. The area has a highly educated workforce, with 47.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,640 | 26.0% |
% Under 18 | 19.5% | 25.0% |
% Seniors | 21.7% | 5.3% |
% WFH | 21.9% | 376.1% |
% w/ College Degree | 47.1% | 31.9% |
As of the latest ACS Survey released in 2023, Montague, MA is a predominantly white area, with 92.2% of the population identifying as white. The white population has shrunk by 3.4% in the last 5 years. The second most common race or ethnicity in Montague, MA is hispanic, making up 3.9% of the population. Foreign-born residents account for 2.4% of the population in Montague, MA, and this percentage has decreased by 20.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.2% | -3.4% |
% Black | 0.2% | -84.6% |
% Hispanic | 3.9% | 105.3% |
% Asian | 0.8% | ∞% |
% Foreign Born | 2.4% | -20.0% |
Mortgage and Risk — Montague, MA
According to HUD data as of 2023, there were 60 mortgage originations in Montague, MA, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Montague, MA. Investor activity is low, as 3.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 60 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Montague, MA
Montague, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | 3.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,320 |
| 2 Bedroom | $310 | $1,420 | $1,730 |
| 3 Bedroom | N/A | N/A | $2,080 |
| 4 Bedroom | N/A | N/A | $2,330 |
Affordability — Montague, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $379,000 |
| Median Household Income | $99,400 |