Montgomery, NY—12549
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Montgomery, NY
Montgomery, NY lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $485,000 | 4.5% |
| Single Family | $489,000 | 4.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $323,000 | 2.2% |
3 Bed | $445,000 | 4.5% |
4 Bed | $595,000 | 4.9% |
| 5 Bed | $592,000 | 3.9% |
% of Housing Stock
Rental Trends — Montgomery, NY
As of July '25, Rentcast reports the average rent in Montgomery, NY is $2,530, with a year-over-year rent change of -7.0%. Per bedroom, the median rent as of July '25 in Montgomery, NY is 2-bedrooms: $1,990, 3-bedrooms: $2,500, 4-bedrooms: $3,800. The most common rental property sizes in Montgomery, NY are 1-bedroom and 3-bedroom, accounting for 35.0% and 33.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,400 | $2,530 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,880 | $1,990 |
| 3 Bed Rent | $2,400 | $2,500 |
| 4 Bed Rent | $3,800 | $3,800 |
% of Rental Stock
Property Listings — Montgomery, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Montgomery, NY is 66. This is a decrease of -2.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $510,000 | -13.0% |
Listing Count | 42 | 66.0% |
| Listings as % of Homes | 0.5% | 66.0% |
Days on Market | 66 | -2.0% |
Demographics — Montgomery, NY
As of the latest ACS Survey released in 2023, Montgomery, NY has a population of 10,900, which has decreased by -3.0% over the past 5 years. Montgomery, NY is a moderately popular place for families, as children make up 24.3% of the population. The area has a moderately educated workforce, with 34.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,900 | -3.0% |
% Under 18 | 24.3% | 5.7% |
% Seniors | 14.2% | 1.4% |
% WFH | 8.3% | 38.3% |
% w/ College Degree | 34.7% | 10.5% |
As of the latest ACS Survey released in 2023, Montgomery, NY is a predominantly white area, with 62.5% of the population identifying as white. The white population has shrunk by 24.2% in the last 5 years. The second most common race or ethnicity in Montgomery, NY is hispanic, making up 23.0% of the population. Foreign-born residents account for 7.7% of the population in Montgomery, NY, and this percentage has increased by 140.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 62.5% | -24.2% |
% Black | 10.9% | 289.3% |
% Hispanic | 23.0% | 109.1% |
% Asian | 0.2% | -88.9% |
% Foreign Born | 7.7% | 140.6% |
Mortgage and Risk — Montgomery, NY
According to HUD data as of 2023, there were 244 mortgage originations in Montgomery, NY, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Montgomery, NY. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 244 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Montgomery, NY
Montgomery, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 9 |
Total Units Section 8 | 9 |
% Rentals under Section 8 | 1.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,560 |
| 2 Bedroom | $110 | $1,880 | $1,990 |
| 3 Bedroom | $140 | $2,400 | $2,540 |
| 4 Bedroom | -$1,050 | $3,800 | $2,750 |
Affordability — Montgomery, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $485,000 |
| Median Household Income | $125,000 |