A typical Montague home is worth roughly $275,000
Homes typically sell in 27 days, close to asking.
What kind of housing town is Montague?
Read from the numbers below. The page puts what stands out first.
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Under ~4 months of supply favors sellers; over ~6 favors buyers.
Redfin Data Center, all residential sales, May 2026.
Home prices up 79% in 5 years
The federal house price index for the ZIP code around Montague rose 79% over the past 5 years, faster than across Michigan (52%). Last year prices rose 5%. Carrying the Census median home value forward with that index puts the typical Montague home at roughly $275,000 today.
Carrying the Census median forward with the index puts a typical home at about $275K.
How Montague ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Montague, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A two-bedroom rents for about $1,040
Renters already here pay a median of $810, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Muskegon-Norton Shores, MI MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
10 new homes permitted in 2025
Builders were permitted 10 new homes in Montague in 2025, all single-family houses, worth about $2.6 million to build. That's 4 per 1,000 residents, faster than across Michigan (2.3). Over the past 10 years, Montague has permitted 79 homes in all.
Between the 2010 and 2020 censuses, Montague gained 56 residents while 39 new homes were permitted: about 1.4 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. Across Michigan: 1.2 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 6 | 6 | 0 | $1.6 million |
| 2025 | 10 | 10 | 0 | $2.6 million |
| 2024 | 9 | 9 | 0 | $2.4 million |
| 2023 | 7 | 7 | 0 | $1.8 million |
| 2022 | 13 | 13 | 0 | $3.7 million |
| 2021 | 6 | 6 | 0 | $1.5 million |
| 2020 | 4 | 4 | 0 | $223,000 |
| 2019 | 14 | 14 | 0 | $3.9 million |
| 2018 | 9 | 9 | 0 | $1.5 million |
| 2017 | 6 | 6 | 0 | $2.6 million |
| 2016 | 1 | 1 | 0 | $125,000 |
| 2015 | 4 | 4 | 0 | $594,000 |
| 2014 | 2 | 2 | 0 | $300,000 |
| 2013 | 1 | 1 | 0 | $135,000 |
| 2012 | 2 | 2 | 0 | $767,000 |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 1 | 1 | 0 | $87,000 |
| 2008 | 4 | 4 | 0 | $474,000 |
| 2007 | 10 | 10 | 0 | $1.4 million |
| 2006 | 17 | 13 | 4 | $3 million |
Montague's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.
How Montague ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
A typical home costs 4.1 years of income
More than across Michigan (3.2 years). Try your own numbers below.
That’s $35K short of a typical Montague home.
A two-bedroom rents for about $1,040 a month here, $750 less than owning.
How Montague ranks on affordability →
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Montague’s typical property tax (1.53% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
79% of Montague households own their home
Half of Montague’s homes were built before 1960.
Michigan: 73% own.
U.S. Census Bureau, American Community Survey 2020-2024.
Montague vs. its neighbors
The towns that share a border with Montague. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Montague | $275K* | +5%† | $1,040 | 10 | $66,750 |
| Whitehall | $213K* | +10.7%† | $1,130 | 12 | $61,169 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Montague buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.