Montgomery County, TN Housing

The housing market in Montgomery, TN County is thriving. The median value for houses in the county is $291,700, which is significantly lower than the US median of $338,100. Despite this discrepancy, the 1 year house appreciation rate in Montgomery County is a staggering 17.19%, compared to 8.27% nationally. This suggests that those looking to invest in property in Montgomery County are likely to see excellent returns on their investment.

The median home cost in Montgomery County is $291,700. Home appreciation the last 10 years has been 142.8%. Home Appreciation in Montgomery County is up 25.0%.

Average Age of Homes

- The median age of Montgomery County real estate is 24 years old

The Rental Market in Montgomery County

- Renters make up 34.4% of the Montgomery County population
- 2.4% of houses and apartments in Montgomery County, 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, Tennessee	United States
	84,669.0	139,647,020.0
	26	42
	$291,700	$338,100
	25.0%	16.6%
	81.0%	57.0%
	142.8%	101.1%
	$7.98	$10.98
	$1,497	$2,690
	56.5%	57.4%
	8.5%	11.2%
	35.0%	31.4%
Vacant Housing
	2.4%	1.9%
	0.3%	0.4%
	0.8%	0.7%
	0.9%	0.4%
	0.3%	3.6%
	3.9%	4.1%
Value of Owner-Occupied Housing
	2.3%	2.6%
	0.9%	2.4%
	1.0%	2.8%
	2.6%	3.9%
	5.6%	4.5%
	18.6%	11.3%
	24.5%	13.0%
	26.5%	20.1%
	10.0%	13.6%
	3.5%	8.3%
	3.3%	9.7%
	0.6%	3.9%
	0.2%	2.2%
	0.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	21.7%	13.6%
	21.7%	13.6%
	20.4%	13.6%
	12.3%	13.2%
	12.0%	14.8%
	20.4%	13.6%
	4.4%	10.0%
	2.7%	4.7%
	2.4%	12.2%

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