Montgomery, IN housing market
The typical Montgomery home is worth about $189,000, up 8.5% in a year, 27% below the Indiana typical home.
Home values, sales, trends and how Montgomery compares with the towns next door — updated as new data is published.
Montgomery at a glance
Only 1 sale in March 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Montgomery | Indiana |
|---|---|---|
| 2017 | $93,000 | $135,000 |
| 2018 | $99,000 | $144,000 |
| 2019 | $104,000 | $154,000 |
| 2020 | $113,000 | $164,000 |
| 2021 | $126,000 | $183,000 |
| 2022 | $140,000 | $209,000 |
| 2023 | $149,000 | $227,000 |
| 2024 | $160,000 | $237,000 |
| 2025 | $170,000 | $249,000 |
| 2026 | $179,000 | $256,000 |
| August 2026 | $189,000 | $260,000 |
2.3 years of income
The typical Montgomery home costs about 2.3 years of the town's median household income, less than across Indiana (3.6 years).
How Montgomery ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,030
HUD's Fair Market Rent for a two-bedroom in Montgomery is $1,030 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Montgomery pay a median of $860, so moving in tends to cost more than staying put. A two-bedroom takes about 15% of the town's median household income.
Studio $740 · 4 bedrooms $1,360
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (47558; Daviess County, IN), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, March 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.