Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$195,311+3.1% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 18% have cut their price
Income needed to buy, per year$42,339About 0.7× the local median income ($57,356): affordable for a typical household
Days on market84 daysAbout the same pace as a year ago
The typical home in Montgomery County, NC is worth $195,311, up 3.1% from a year ago. That is well above what local incomes have historically supported: fair value is about $160,117, so the area is 22.0% overvalued. It is a balanced market, leaning toward buyers: homes take about 84 days to sell, listings are up 6% from a year ago, 18% of listings have had a price cut. A household needs about $42,339 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 $57,356. In the latest IRS figures, 181 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
$195,311
Change in 1 year
+3.1%
Overvalued %
+22.0%
Show 6 more
Fair home value
$160,117
Change in 5 years
+27.8%
Home value to income
3.4×
Monthly mortgage payment (20% down)
$1,058
Income needed to afford it
$42,339
Property tax rate
0.64%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,012
Market activity
Listings vs a year ago
+6.2%
Days on market
84
Listings with a price cut
17.9%
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Homes for sale
171
Pending sales per 100 listings
22
Asking price per sq ft
$252
People and jobs
Median household income
$57,356
Population change (1 year)
+0.2%
Unemployment rate
2.9%
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Population
26,403
Income adjusted for cost of living
$64,882
Net moves in (IRS)
+181
Cost of living (US = 100)
88.4
Schools, risk and environment
School rating (1 to 10)
3.8
FEMA hazard risk score (0 to 100)
49.0
Unhealthy air days a year
0
Show 4 more
Flood risk score
55.6
Wildfire risk score
45.1
Walkability (1 to 20)
5.1
Road, rail and air noise
55 dB
Questions people ask
Is Montgomery County, NC overvalued?
Home prices in Montgomery County, NC are well above what local incomes have historically supported: fair value is about $160,117, so the area is 22.0% overvalued.
Is Montgomery County, NC a buyer's or seller's market?
Montgomery County, NC is a balanced market, leaning toward buyers: homes take about 84 days to sell, listings are up 6% from a year ago, 18% of listings have had a price cut.
Are home prices going down in Montgomery County, NC?
Home values in Montgomery County, NC are up 3.1% over the last year.
How much do you need to earn to buy a home in Montgomery County, NC?
A household needs about $42,339 a year to afford the typical home in Montgomery County, NC at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $57,356.