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Featured local agent — Montgomery, OH
Sarah Mitchell
Compass Real Estate · Montgomery, OH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Montgomery, OH Housing Market & Real Estate
Housing market overview · Updated monthly ·
$787,500median sale price
How is the Montgomery, OH housing market right now?
The median home sale price in Montgomery, OH is $787,500, up 32.4% year-over-year. Homes sell in an average of 29 days with 60 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Montgomery a buyer's or seller's market?
Montgomery, OH is currently a balanced market, based on 6.0 months of supply and homes selling in about 29 days. How we determine this →
Homes sold
10
Last 12 weeks
Days on market
29
Average pace
Active listings
60
6.0 months supply
Sale-to-list
102.8%
Above asking
What does the Montgomery housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $787,500 |
| Median list price | $795,000 |
| Year-over-year price change | +32.4% |
| Average days on market | 29 days |
| Active inventory | 60 listings |
| Months of supply | 6.0 months |
| Sale-to-list price ratio | 102.8% |
| Median price per sq ft | $260/sq ft |
| Homes sold (latest month) | 10 |
| New listings (latest month) | 21 |
| Listings with a price cut | 13.3% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Montgomery by property type?
How the Montgomery, OH market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $815,000 | $262/sq ft | 9 | 25 days |
| Condo / Co-op | $600,000 | $330/sq ft | 2 | 129 days |
| Townhouse | $280,000 | $162/sq ft | 1 | 46 days |
Source: Redfin · Updated monthly
The Montgomery housing market is currently classified as a balanced market with a median sale price of $787,500. Prices have risen 32.4% compared to last year, with homes spending an average of 29 days on market, indicating 6.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.7x provides context for how home values compare to local earning capacity.
Homes for sale in Montgomery
There are currently 60 homes listed for sale in Montgomery, Ohio. The median listing price is $795K.
Active listings
60
Homes on market
Median list price
$795K
Avg. days on market
29
Days until sale
New this week
21
Newly listed
Who lives in Montgomery?
Population
10,816
Median income
$148,438/yr
Median age
44.2 years
Owner-occupied
88.9%
College grads
76.1%
Avg commute
21.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Montgomery?
Zillow home value
$690,643
Zillow rent index
$2,527/mo
Price-to-rent ratio
22.8x
Price-to-income
4.7x
Source: Zillow Research
What is it like to live in Montgomery?
Montgomery is a community of approximately 11K residents with a median age of 44.2 years.The median household income is $148,438, which reflects a relatively affluent area with strong earning potential. 76.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 88.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Montgomery offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Montgomery, OH?
Want a head-to-head view? Compare Montgomery side-by-side with any other U.S. city using our market-comparison tool.
Is Montgomery a good real estate investment market?
For investors evaluating Montgomery, the price-to-rent ratio of 22.8x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 32.4% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Montgomery's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Montgomery's median home price.
Frequently asked questions
What is the average home price in Montgomery?
The median home sale price in Montgomery is $787,500, up 32.4% from last year.
How long do homes stay on market in Montgomery?
Homes typically spend 29 days on market before going under contract.
What is the median income in Montgomery?
The median household income is $148,438 per year.
Is Montgomery a buyer's or seller's market?
With 6.0 months of supply, Montgomery is currently a balanced market.
What is the Zillow home value estimate for Montgomery?
The Zillow Home Value Index (ZHVI) for Montgomery is $690,643, representing the typical home value in the area.
What is the median condo price in Montgomery?
The median condo/co-op sale price in Montgomery, OH is $600,000, compared to $815,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Montgomery?
The median single-family home price in Montgomery, OH is $815,000 (about $262 per square foot).
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