Data through September 2026 · updated 2026-11-08 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$226,785+4.4% YoY · prices are rising fast
Market right nowBalanced, leaning sellersMore homes for sale than last year, 19% have cut their price
Income needed to buy, per year$49,162About 0.7× the local median income ($72,249): affordable for a typical household
Days on market54 daysFaster than a year ago: sellers have the edge
The typical home in Montgomery County, IN is worth $226,785, up 4.4% from a year ago. That is well above what local incomes have historically supported: fair value is about $193,491, so the area is 17.2% overvalued. It is a balanced market, leaning toward sellers: homes take about 54 days to sell, listings are up 15% from a year ago, 19% of listings have had a price cut. A household needs about $49,162 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $72,249. Typical rent is $1,020 a month. In the latest IRS figures, 164 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$226,785
Change in 1 year
+4.4%
Overvalued %
+17.2%
Show 6 more
Fair home value
$193,491
Change in 5 years
+31.3%
Home value to income
3.1×
Monthly mortgage payment (20% down)
$1,229
Income needed to afford it
$49,162
Property tax rate
0.65%
Rent and investing
Typical rent
$1,020
Price-to-rent ratio
18.5×
HUD Fair Market Rent, 2 bedrooms
$1,046
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Gross rental yield
5.40%
Cap rate (estimate)
3.51%
Market activity
Listings vs a year ago
+15.4%
Days on market
54
Listings with a price cut
18.6%
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Homes for sale
90
Pending sales per 100 listings
59
Asking price per sq ft
$147
People and jobs
Median household income
$72,249
Population change (1 year)
+0.1%
Unemployment rate
3.3%
Show 4 more
Population
38,954
Income adjusted for cost of living
$81,453
Net moves in (IRS)
+164
Cost of living (US = 100)
88.7
Schools, risk and environment
School rating (1 to 10)
6.3
FEMA hazard risk score (0 to 100)
41.0
Unhealthy air days a year
0
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Flood risk score
42.8
Wildfire risk score
11.4
Walkability (1 to 20)
6.0
Road, rail and air noise
54 dB
Questions people ask
Is Montgomery County, IN overvalued?
Home prices in Montgomery County, IN are well above what local incomes have historically supported: fair value is about $193,491, so the area is 17.2% overvalued.
Is Montgomery County, IN a buyer's or seller's market?
Montgomery County, IN is a balanced market, leaning toward sellers: homes take about 54 days to sell, listings are up 15% from a year ago, 19% of listings have had a price cut.
Are home prices going down in Montgomery County, IN?
Home values in Montgomery County, IN are up 4.4% over the last year.
How much do you need to earn to buy a home in Montgomery County, IN?
A household needs about $49,162 a year to afford the typical home in Montgomery County, IN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $72,249.