Montgomery, TX—77356
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 $362,000, with a year-over-year change of -1.5%. This indicates that home prices in Montgomery, TX are decreasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $362,000 | -1.5% |
| Single Family | $384,000 | -1.8% |
| Condos | $164,000 | -5.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $136,000 | -5.6% |
2 Bed | $193,000 | -4.9% |
3 Bed | $335,000 | -1.8% |
4 Bed | $494,000 | -1.6% |
| 5 Bed | $943,000 | 0.0% |
% of Housing Stock
Rental Trends — Montgomery, TX
As of July '25, Rentcast reports the average rent in Montgomery, TX is $2,070, with a year-over-year rent change of -2.4%. Per bedroom, the median rent as of July '25 in Montgomery, TX is studios: $728, 1-bedrooms: $1,130, 2-bedrooms: $1,660, 3-bedrooms: $2,150, 4-bedrooms: $3,150. The most common rental property sizes in Montgomery, TX are 3-bedroom and 2-bedroom, accounting for 46.5% and 31.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $2,070 |
| Studio Rent | $686 | $728 |
| 1 Bed Rent | $1,150 | $1,130 |
| 2 Bed Rent | $1,500 | $1,660 |
| 3 Bed Rent | $2,000 | $2,150 |
| 4 Bed Rent | $2,750 | $3,150 |
% 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 65. This is a increase of 15.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $394,000 | -6.0% |
Listing Count | 648 | 31.0% |
| Listings as % of Homes | 2.2% | 31.0% |
Days on Market | 65 | 15.0% |
Demographics — Montgomery, TX
As of the latest ACS Survey released in 2023, Montgomery, TX has a population of 31,100, which has increased by 16.1% over the past 5 years. Montgomery, TX is a moderately popular place for families, as children make up 19.1% of the population. The area has a moderately educated workforce, with 43.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,100 | 16.1% |
% Under 18 | 19.1% | 2.1% |
% Seniors | 25.1% | 6.8% |
% WFH | 22.0% | 54.9% |
% w/ College Degree | 43.8% | 15.9% |
As of the latest ACS Survey released in 2023, Montgomery, TX is a predominantly white area, with 87.3% of the population identifying as white. The white population has grown by 1.7% in the last 5 years. The second most common race or ethnicity in Montgomery, TX is hispanic, making up 4.8% of the population. Foreign-born residents account for 3.0% of the population in Montgomery, TX, and this percentage has decreased by 18.9% 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 | 87.3% | 1.7% |
% Black | 3.7% | -37.3% |
% Hispanic | 4.8% | -23.8% |
% Asian | 0.8% | -11.1% |
% Foreign Born | 3.0% | -18.9% |
Mortgage and Risk — Montgomery, TX
According to HUD data as of 2023, there were 877 mortgage originations in Montgomery, TX, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Montgomery, TX. Investor activity is low, as 5.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 877 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 5.0% |
% Second Loans | 7.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Montgomery, TX
As of 2024, the percent of homes in Montgomery, TX under the Section 8 program is 0.3%. 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 | 22 |
Total Units Section 8 | 8 |
% Rentals under Section 8 | 0.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $400 | $1,150 | $1,550 |
| 2 Bedroom | $350 | $1,500 | $1,850 |
| 3 Bedroom | $460 | $2,000 | $2,460 |
| 4 Bedroom | $350 | $2,750 | $3,100 |
Affordability — Montgomery, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $362,000 |
| Median Household Income | $114,000 |