Montgomery, MI housing market
The typical Montgomery home is worth about $192,000, up 6.6% in a year, 28% below the Michigan 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 May 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 | Michigan |
|---|---|---|
| 2017 | $133,000 | $144,000 |
| 2018 | $139,000 | $155,000 |
| 2019 | $147,000 | $165,000 |
| 2020 | $149,000 | $175,000 |
| 2021 | $161,000 | $194,000 |
| 2022 | $183,000 | $217,000 |
| 2023 | $174,000 | $230,000 |
| 2024 | $177,000 | $241,000 |
| 2025 | $175,000 | $253,000 |
| 2026 | $193,000 | $262,000 |
| August 2026 | $192,000 | $266,000 |
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,120
HUD's Fair Market Rent for a two-bedroom in Montgomery is $1,120 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Montgomery pay a median of $1,167.
Studio $780 · 4 bedrooms $1,510
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (49255; Branch County, MI), 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.
Recent listings in Montgomery
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 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.