Montgomery, IN
Full City Profile · Indiana · Daviess County County
4.1
/5.0
A
Great
1,184
Population
731/sq mi density
$93,750
Median Income
$35,920 per capita
$226,000
Home Value
$189,357 Zillow
$827
Median Rent
18.9% income on rent
56°F
Avg Temperature
A
Overall
4.1 / 5.0
Strong
A+
Economy
4.9 / 5.0
$93,750 median income, 0.2% unemployment
A+
Affordability
5.0 / 5.0
$226,000 home value, $827/mo rent
C
Education
2.3 / 5.0
16.5% bachelor's degree or higher
Housing Overview
Median Home Value
$226,000
20% below
US avg: $281,900
Median Rent
$827/mo
29% below
US avg: $1,163/mo
Homeownership Rate
85.5%
31% above US avg (65.4%)
Total Housing Units
391
Median year built: 1976
Home Value by Source
Census Median
$226,000
Zillow (ZHVI)
$189,357
Redfin Median Sale
$266,750
Median Sale Price
$266,750
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
85.5%
Owner-Occupied
14.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$802/mo
1 Bedroom
$807/mo
2 Bedroom
$966/mo
3 Bedroom
$1,281/mo
4 Bedroom
$1,399/mo
Census median rent:
$827/mo
Market Indicators (Redfin)
Median Sale Price
$266,750
Median Days on Market
109 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
2
Price Drops
100.0%
of listings with price reduction
Price Per Sq Ft
$168
Active Inventory
1
homes for sale
Affordability & Housing Stock
Rent Burden
18.9%
of renters spending 30%+ of income on housing
39% below US avg (31.0%)
Median Year Built
1976
Average age of housing stock: 50 years
Homeownership Rate
85.5%
Complete Housing Data
Home Values
| Census Median Value | $226,000 |
| Zillow Home Value (ZHVI) | $189,357 |
| Redfin Median Sale | $266,750 |
| Median Sale Price | $266,750 |
| Price Per Sq Ft | $168 |
Rent
| Census Median Rent | $827 |
| FMR Studio | $802 |
| FMR 1-Bedroom | $807 |
| FMR 2-Bedroom | $966 |
| FMR 3-Bedroom | $1,281 |
| FMR 4-Bedroom | $1,399 |
Market
| Days on Market | 109 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 100.0% |
| Homes Sold | 2 |
| Active Inventory | 1 |
| Price Per Sq Ft | $168 |
Ownership & Stock
| Owner-Occupied | 85.5% |
| Renter-Occupied | 14.5% |
| Homeownership Rate | 85.5% |
| Total Housing Units | 391 |
| Median Year Built | 1976 |
| Rent Burden | 18.9% |