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Montgomery, IN

Full City Profile · Indiana · Daviess County County

3.3 /5.0
B Good
1,184 Population 731/sq mi density
$93,750 Median Income $35,920 per capita
$226,000 Home Value $174,954 Zillow
$827 Median Rent 18.9% income on rent
56°F Avg Temperature 293 sunny days/yr
451 Violent Crime/100K 5,208 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$93,750 median income, 0.1% unemployment
A+
Affordability
5.0 / 5.0
$226,000 home value, $827/mo rent
F
Safety
1.0 / 5.0
451 violent crimes/100K (19% above avg)
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)
$174,954
Median Sale Price
$266,750
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

85.5%
Owner-Occupied
14.5%
Renter-Occupied
86%
15%
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 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)$174,954
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 Market109
Sale-to-List Ratio0.9%
Price Drops100.0%
Homes Sold2
Active Inventory1
Price Per Sq Ft$168

Ownership & Stock

Owner-Occupied85.5%
Renter-Occupied14.5%
Homeownership Rate85.5%
Total Housing Units391
Median Year Built1976
Rent Burden18.9%