Zip 77316 (Montgomery, TX) Housing

Housing in 77316 Montgomery, TX is above the US median value, at $458,200. This is almost 40% higher than the US median value of $338,100. Furthermore, the 1 year house appreciation rate in 77316 Montgomery, TX is 15.68%, which is significantly higher than the US rate of 8.27%. This suggests that housing in this area continues to appreciate and could be a great investment opportunity for homeowners looking to buy or refinance their mortgages.

The median home cost in Montgomery (zip 77316) is $458,200. Home appreciation the last 10 years has been 111.6%. Home Appreciation in Montgomery (zip 77316) is up 23.0%.

Average Age of Homes

- The median age of Montgomery (zip 77316) real estate is 14 years old

The Rental Market in Montgomery (zip 77316)

- Renters make up 13.6% of the Montgomery (zip 77316) population
- 0.5% of houses and apartments in Montgomery (zip 77316), 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, Texas	United States
	10,569.0	139,647,020.0
	13	42
	$458,200	$338,100
	23.0%	16.6%
	61.9%	57.0%
	111.6%	101.1%
	$17.81	$10.98
	$6,265	$2,690
	82.7%	57.4%
	7.7%	11.2%
	9.6%	31.4%
Vacant Housing
	0.5%	1.9%
	0.8%	0.4%
	0.8%	0.7%
	0.8%	0.4%
	1.6%	3.6%
	3.3%	4.1%
Value of Owner-Occupied Housing
	2.3%	2.6%
	0.8%	2.4%
	0.8%	2.8%
	2.2%	3.9%
	2.6%	4.5%
	7.3%	11.3%
	7.8%	13.0%
	13.8%	20.1%
	24.4%	13.6%
	20.5%	8.3%
	13.9%	9.7%
	2.1%	3.9%
	1.7%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.9%	0.2%
	26.6%	13.6%
	26.6%	13.6%
	10.5%	13.6%
	6.8%	13.2%
	6.1%	14.8%
	10.5%	13.6%
	1.6%	10.0%
	0.5%	4.7%
	0.6%	12.2%

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