The housing market in Montgomery, MN is thriving. The median value for a house is $268,900, which is significantly lower than the US median of $338,100. However, the 1 year appreciation rate for houses in Montgomery is 11.33%, which is higher than the US average of 8.27%. This indicates that the housing market in Montgomery is growing at a faster rate than other parts of the country. With attractive pricing and strong growth potential, it's no wonder why more people are choosing to call Montgomery home.
The median home cost in Montgomery is $268,900. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Montgomery is up 11.6%.
Average Age of Homes
- The median age of Montgomery real estate is 58 years old
The Rental Market in Montgomery
- Renters make up 22.1% of the Montgomery population
- 0.0% of houses and apartments in Montgomery, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.