Montgomery, NJ Housing

The housing market in Montgomery, NJ is significantly higher than the US national average. The median house value in Montgomery is more than double the US median house value at $761,800, and the appreciation rate for houses in Montgomery over the last year has been 16.62%, almost double the 8.27% national average. This indicates that Montgomery is a desirable place to live and invest in real estate, making it an ideal location for those looking to buy or rent property.

The median home cost in Montgomery is $761,800. Home appreciation the last 10 years has been 62.6%. Home Appreciation in Montgomery is up 18.4%.

Average Age of Homes

- The median age of Montgomery real estate is 23 years old

The Rental Market in Montgomery

- Renters make up 15.4% 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Montgomery, New Jersey	United States
	8,267.0	139,647,020.0
	28	42
	$761,800	$338,100
	18.4%	16.6%
	45.9%	57.0%
	62.6%	101.1%
	$22.01	$10.98
	$10,001	$2,690
	80.5%	57.4%
	3.7%	11.2%
	15.8%	31.4%
Vacant Housing
	0.0%	1.9%
	0.4%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.3%	3.6%
	3.0%	4.1%
Value of Owner-Occupied Housing
	0.2%	2.6%
	0.2%	2.4%
	0.5%	2.8%
	0.0%	3.9%
	0.2%	4.5%
	1.2%	11.3%
	0.0%	13.0%
	3.3%	20.1%
	10.3%	13.6%
	12.8%	8.3%
	44.6%	9.7%
	19.4%	3.9%
	7.0%	2.2%
	0.2%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	21.5%	13.6%
	21.5%	13.6%
	31.5%	13.6%
	16.8%	13.2%
	7.2%	14.8%
	31.5%	13.6%
	2.4%	10.0%
	0.4%	4.7%
	6.0%	12.2%