Montgomery, WV25136

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$74,000
9.3% YoY Growth
Median Household Income
$32,600
33.7% 5-Year Growth
Days on Market
72
58.0% Longer than last year
Home Price Forecast
0.1%
Median Rent
$675
1.0% YoY Growth
1-Bed Rent
$675
14.8% YoY Growth
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Other Zip Codes in Montgomery, WV

Property Listings — Montgomery, WV

As of Oct '25, Realtor.com reports that the median days on market for a home in Montgomery, WV is 72. This is a increase of 58.0% from last year, suggesting that homes are sitting on the market longer 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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$109,00052.0%
Listing Count
10222.0%
Listings as % of Homes0.7%222.0%
Days on Market
7258.0%
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Demographics — Montgomery, WV

As of the latest ACS Survey released in 2023, Montgomery, WV has a population of 1,750, which has decreased by -8.1% over the past 5 years. Montgomery, WV is a less popular place for families, as children make up 14.2% of the population. The area has a poorly educated workforce, with 22.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.4% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,750-8.1%
% Under 18
14.2%-18.9%
% Seniors
26.8%103.0%
% WFH
4.4%-2.2%
% w/ College Degree
22.4%24.4%
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As of the latest ACS Survey released in 2023, Montgomery, WV is a predominantly white area, with 71.4% of the population identifying as white. The white population has grown by 3.5% in the last 5 years. The second most common race or ethnicity in Montgomery, WV is black, making up 11.8% of the population. Foreign-born residents account for 1.0% of the population in Montgomery, WV, and this percentage has decreased by 77.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
71.4%3.5%
% Black
11.8%-35.2%
% Hispanic
1.1%-77.1%
% Asian
0.0%-100.0%
% Foreign Born
1.0%-77.8%
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Mortgage and Risk — Montgomery, WV

According to HUD data as of 2023, there were 30 mortgage originations in Montgomery, WV, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Montgomery, WV. Investor activity is low, as 3.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
30
% Conventional Loans
63.0%
% Government Loans
37.0%
% Investor Loans
3.0%
% Second Loans
0.0%
% Cash Out Refinance
10.0%

Loan Activity

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Rentals and Section 8 — Montgomery, WV

Montgomery, WV lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
272
Total Units Section 8
272
% Rentals under Section 8
58.0%
% Occupied Section 8
93.3%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$65$675$740
2 BedroomN/AN/A$900
3 BedroomN/AN/A$1,170
4 BedroomN/AN/A$1,340

Affordability — Montgomery, WV

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.2
Median Home Price$74,000
Median Household Income$32,600

Montgomery, WV — ZIP Code Boundary Map

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Frequently Asked Questions