Montgomery, TX—77316
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Montgomery, TX
Home Price Trends — Montgomery, TX
As of Oct '25, the median home price in Montgomery, TX is $436,000, with a year-over-year change of -0.5%. This indicates that home prices in Montgomery, TX are flat. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $436,000 | -0.6% |
| Single Family | $435,000 | -0.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $252,000 | -2.3% |
3 Bed | $299,000 | -1.6% |
4 Bed | $497,000 | -0.6% |
| 5 Bed | $788,000 | -1.0% |
% of Housing Stock
Rental Trends — Montgomery, TX
As of July '25, Rentcast reports the average rent in Montgomery, TX is $2,060, with a year-over-year rent change of 5.1%. Per bedroom, the median rent as of July '25 in Montgomery, TX is studios: $2,620, 1-bedrooms: $1,100, 2-bedrooms: $1,300, 3-bedrooms: $1,900, 4-bedrooms: $2,440. The most common rental property sizes in Montgomery, TX are 3-bedroom and 2-bedroom, accounting for 39.6% and 24.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $2,060 |
| Studio Rent | $1,750 | $2,620 |
| 1 Bed Rent | $1,100 | $1,100 |
| 2 Bed Rent | $1,250 | $1,300 |
| 3 Bed Rent | $1,800 | $1,900 |
| 4 Bed Rent | $2,210 | $2,440 |
% of Rental Stock
Property Listings — Montgomery, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Montgomery, TX is 58. This is a increase of 8.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $473,000 | 6.0% |
Listing Count | 619 | 41.0% |
| Listings as % of Homes | 3.3% | 41.0% |
Days on Market | 58 | 8.0% |
Demographics — Montgomery, TX
As of the latest ACS Survey released in 2023, Montgomery, TX has a population of 31,900, which has increased by 31.9% over the past 5 years. Montgomery, TX is a popular place for families, as children make up 27.9% of the population. The area has a moderately educated workforce, with 44.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,900 | 31.9% |
% Under 18 | 27.9% | -4.8% |
% Seniors | 16.1% | 33.1% |
% WFH | 18.6% | 135.4% |
% w/ College Degree | 44.4% | 45.1% |
As of the latest ACS Survey released in 2023, Montgomery, TX is a predominantly white area, with 80.3% of the population identifying as white. The white population has remained stable in the last 5 years. The second most common race or ethnicity in Montgomery, TX is hispanic, making up 14.0% of the population. Foreign-born residents account for 5.7% of the population in Montgomery, TX, and this percentage has decreased by 29.6% 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 | 80.3% | 0.0% |
% Black | 1.4% | -17.6% |
% Hispanic | 14.0% | -9.1% |
% Asian | 1.3% | 44.4% |
% Foreign Born | 5.7% | -29.6% |
Mortgage and Risk — Montgomery, TX
According to HUD data as of 2023, there were 1413 mortgage originations in Montgomery, TX, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Montgomery, TX. Investor activity is low, as 2.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,413 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Montgomery, TX
As of 2024, the percent of homes in Montgomery, TX under the Section 8 program is 1.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Montgomery, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 12 |
Total Units Section 8 | 12 |
% Rentals under Section 8 | 1.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $420 | $1,100 | $1,520 |
| 2 Bedroom | $570 | $1,250 | $1,820 |
| 3 Bedroom | $620 | $1,800 | $2,420 |
| 4 Bedroom | $840 | $2,210 | $3,050 |
Affordability — Montgomery, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $436,000 |
| Median Household Income | $129,000 |