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Sarah Mitchell

CNESRESABR

Compass Real Estate · Montgomery, TX

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Montgomery, TX(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Montgomery, TX Housing Market & Real Estate

Leaning buyer's-18.6% YoY

Housing market overview · Updated monthly ·

$398,700median sale price

How is the Montgomery, TX housing market right now?

The median home sale price in Montgomery, TX is $398,700, down 18.6% year-over-year. Homes sell in an average of 85 days with 48 active listings. The market is currently a leaning buyer's. (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?

Leaning buyer's4.0 months of supply85 avg. days on market

Montgomery, TX is currently a leaning buyer's, based on 4.0 months of supply and homes selling in about 85 days. How we determine this →

Homes sold

12

Last 12 weeks

Days on market

85

Average pace

Active listings

48

4.0 months supply

Sale-to-list

99.0%

Below asking

What does the Montgomery housing market data show?

Current housing market statistics for Montgomery, TX
MetricValue
Median sale price$398,700
Median list price$453,000
Year-over-year price change-18.6%
Average days on market85 days
Active inventory48 listings
Months of supply4.0 months
Sale-to-list price ratio99.0%
Median price per sq ft$192/sq ft
Homes sold (latest month)12
New listings (latest month)8
Listings with a price cut31.3%
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

How much do homes cost in Montgomery by property type?

How the Montgomery, TX market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Montgomery, TX
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$399,900$183/sq ft11126 days
Condo / Co-op$210,000$339/sq ft118 days
Townhouse$379,000$182/sq ft126 days

Source: Redfin · Updated monthly

The Montgomery housing market is currently classified as a leaning buyer's with a median sale price of $398,700. Prices have fallen 18.6% compared to last year, with homes spending an average of 85 days on market, indicating 4.0 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 5.0x provides context for how home values compare to local earning capacity.

Homes for sale in Montgomery

There are currently 48 homes listed for sale in Montgomery, Texas. The median listing price is $453K.

Active listings

48

Homes on market

Median list price

$453K

Avg. days on market

85

Days until sale

New this week

8

Newly listed

Price drops:31.3%of listings
Sale-to-list:99.0%

Who lives in Montgomery?

Population

2,272

Median income

$78,333/yr

Median age

36.1 years

Owner-occupied

57.5%

College grads

38.7%

Avg commute

35.1 min

Source: U.S. Census Bureau ACS

What are homes worth in Montgomery?

Zillow home value

$394,621

Zillow rent index

$1,885/mo

Price-to-rent ratio

17.4x

Price-to-income

5.0x

Source: Zillow Research

What is it like to live in Montgomery?

Montgomery is a community of approximately 2K residents with a median age of 36.1 years.The median household income is $78,333, which reflects a relatively affluent area with strong earning potential. 38.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 57.5%, showing a blend of owner and renter-occupied properties. The average commute time is 35.1 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Montgomery offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Montgomery?

12 schools tracked · 11,308 students

The largest public schools serving Montgomery, TX by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

LAKE CREEK H S

Grades 9-12 · 1,676 students

Public

MONTGOMERY H S

Grades 9-12 · 1,561 students

Public

OAK HILLS J H

Grades 6-8 · 1,244 students

Public

MONTGOMERY J H

Grades 6-8 · 1,069 students

Public

KEENAN EL

Grades PK-5 · 903 students

Public

STEWART EL

Grades PK-6 · 868 students

Public

LONE STAR EL

Grades PK-5 · 752 students

Public

STEWART CREEK EL

Grades PK-5 · 748 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Montgomery, TX?

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 17.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 18.6% year-over-year, potentially creating entry opportunities for strategic buyers.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 $398,700, down 18.6% from last year.

How long do homes stay on market in Montgomery?

Homes typically spend 85 days on market before going under contract.

What is the median income in Montgomery?

The median household income is $78,333 per year.

Is Montgomery a buyer's or seller's market?

With 4.0 months of supply, Montgomery is currently a leaning buyer's.

What is the Zillow home value estimate for Montgomery?

The Zillow Home Value Index (ZHVI) for Montgomery is $394,621, 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, TX is $210,000, compared to $399,900 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, TX is $399,900 (about $183 per square foot).

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