Montague, MA 01351 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Montague, MA—01351

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$378,000

0.4% YoY Growth

Household Income

$99,400

26.0% YoY Growth

Days on Market

31.0% Shorter YoY

Home Price Forecast

2.2%

Median Rent

$1,420

32.1% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$1,420

N/A

3-Bed Rent

N/A

Home Price Trends — Montague, MA

As of Dec '25, the median home price in Montague, MA is $378,000, with a year-over-year change of -0.4%. This indicates that home prices in Montague, MA are flat. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$378,000	-0.4%
Single Family	$383,000	-0.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Montague, MA

As of July '25, Rentcast reports the average rent in Montague, MA is $1,460, with a year-over-year rent change of -32.1%. Per bedroom, the median rent as of July '25 in Montague, MA is 2-bedrooms: $1,460. The most common rental property sizes in Montague, MA are 2-bedroom and 3-bedroom, accounting for 45.8% and 28.3% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,420	$1,460
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$1,420	$1,460
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

11.7%

2 Bedrooms

45.8%

3 Bedrooms

28.3%

4 Bedrooms

14.2%

Property Listings — Montague, MA

As of Dec '25, Realtor.com reports that the median days on market for a home in Montague, MA is 41. This is a increase of 77.0% 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 133.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$750,000	20.0%
Listing Count	2	0.0%
Listings as % of Homes	0.0%	0.0%
Days on Market	21	-31.0%

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Demographics — Montague, MA

As of the latest ACS Survey released in 2023, Montague, MA has a population of 2,640, which has increased by 26.0% over the past 5 years. Montague, MA is a moderately popular place for families, as children make up 19.5% of the population. The area has a highly educated workforce, with 47.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,640	26.0%
% Under 18	19.5%	25.0%
% Seniors	21.7%	5.3%
% WFH	21.9%	376.1%
% w/ College Degree	47.1%	31.9%

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As of the latest ACS Survey released in 2023, Montague, MA is a predominantly white area, with 92.2% of the population identifying as white. The white population has shrunk by 3.4% in the last 5 years. The second most common race or ethnicity in Montague, MA is hispanic, making up 3.9% of the population. Foreign-born residents account for 2.4% of the population in Montague, MA, and this percentage has decreased by 20.0% 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	92.2%	-3.4%
% Black	0.2%	-84.6%
% Hispanic	3.9%	105.3%
% Asian	0.8%	∞%
% Foreign Born	2.4%	-20.0%

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Mortgage and Risk — Montague, MA

According to HUD data as of 2023, there were 60 mortgage originations in Montague, MA, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Montague, MA. Investor activity is low, as 3.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	60
% Conventional Loans	80.0%
% Government Loans	20.0%
% Investor Loans	3.0%
% Second Loans	2.0%
% Cash Out Refinance	12.0%

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Rentals and Section 8 — Montague, MA

Montague, MA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	7
Total Units Section 8	7
% Rentals under Section 8	3.3%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,320
2 Bedroom	$310	$1,420	$1,730
3 Bedroom	N/A	N/A	$2,080
4 Bedroom	N/A	N/A	$2,330

Montague, MA—01351

Key Metrics at a Glance

Home Price Trends — Montague, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Montague, MA

% of Rental Stock

Property Listings — Montague, MA

Demographics — Montague, MA

Race and Ethnicity

Mortgage and Risk — Montague, MA

Mortgages

Rentals and Section 8 — Montague, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Montague, MA

Home Price to Income Ratio

Montague, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Lake Pleasant

Grounts Corner, MA

Turners Falls, MA

Leverett, MA

Sunderland, MA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.4
Median Home Price	$378,000
Median Household Income	$99,400

Montague, MA—01351

Key Metrics at a Glance

Home Price Trends — Montague, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Montague, MA

% of Rental Stock

Property Listings — Montague, MA

Demographics — Montague, MA

Race and Ethnicity

Mortgage and Risk — Montague, MA

Mortgages

Rentals and Section 8 — Montague, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Montague, MA

Home Price to Income Ratio

Montague, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Lake Pleasant

Grounts Corner, MA

Turners Falls, MA

Leverett, MA

Sunderland, MA

Frequently Asked Questions

What is the average home price in Montague, MA 01351?

How have home prices in Montague, MA 01351 changed over the past year?

What is the home price projection for Montague, MA 01351?

What are the demographics of Montague, MA 01351?

How long does it take homes to sell in Montague, MA 01351?

What is the average rent price in Montague, MA 01351?