Montgomery, IN—47558
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Montgomery, IN
As of Oct '25, the median home price in Montgomery, IN is $358,000, with a year-over-year change of 3.8%. This indicates that home prices in Montgomery, IN are increasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $358,000 | 3.8% |
| Single Family | $358,000 | 4.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $284,000 | 4.0% |
3 Bed | $317,000 | 5.0% |
4 Bed | $393,000 | 3.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Montgomery, IN
Montgomery, IN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Montgomery, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Montgomery, IN is 35. This is a increase of 52.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $574,000 | 80.0% |
Listing Count | 7 | -21.0% |
| Listings as % of Homes | 0.1% | -21.0% |
Days on Market | 35 | 52.0% |
Demographics — Montgomery, IN
As of the latest ACS Survey released in 2023, Montgomery, IN has a population of 5,250, which has increased by 11.9% over the past 5 years. Montgomery, IN is a popular place for families, as children make up 38.6% of the population. The area has a poorly educated workforce, with 12.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,250 | 11.9% |
% Under 18 | 38.6% | 1.3% |
% Seniors | 10.0% | 19.0% |
% WFH | 3.4% | 21.4% |
% w/ College Degree | 12.1% | 19.8% |
As of the latest ACS Survey released in 2023, Montgomery, IN is a predominantly white area, with 98.9% of the population identifying as white. The white population has shrunk by 0.1% in the last 5 years. The second most common race or ethnicity in Montgomery, IN is hispanic, making up 0.7% of the population. Foreign-born residents account for 0.6% of the population in Montgomery, IN, and this percentage has increased by Inf% 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 | 98.9% | -0.1% |
% Black | 0.0% | N/A |
% Hispanic | 0.7% | -30.0% |
% Asian | 0.2% | ∞% |
% Foreign Born | 0.6% | ∞% |
Mortgage and Risk — Montgomery, IN
According to HUD data as of 2023, there were 121 mortgage originations in Montgomery, IN, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 42.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in Montgomery, IN. Investor activity is low, as 0.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 121 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Montgomery, IN
Montgomery, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $770 |
| 2 Bedroom | N/A | N/A | $1,000 |
| 3 Bedroom | N/A | N/A | $1,220 |
| 4 Bedroom | N/A | N/A | $1,330 |
Affordability — Montgomery, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $358,000 |
| Median Household Income | $88,200 |