Montgomery, TX housing market
The typical Montgomery home is worth about $390,000, down 1.6% in a year, 30% above the Texas typical home. Homes typically sell in 85 days, close to asking.
Home values, sales, trends and how Montgomery compares with the towns next door — updated as new data is published.
Montgomery at a glance
A balanced market
About 4 months of supply: neither buyers nor sellers have a clear edge.
Typical home value, 2016–2026
Show as a table
| January | Montgomery | Texas |
|---|---|---|
| 2017 | $263,000 | $190,000 |
| 2018 | $265,000 | $202,000 |
| 2019 | $272,000 | $214,000 |
| 2020 | $280,000 | $223,000 |
| 2021 | $301,000 | $242,000 |
| 2022 | $365,000 | $286,000 |
| 2023 | $400,000 | $313,000 |
| 2024 | $400,000 | $311,000 |
| 2025 | $401,000 | $311,000 |
| 2026 | $398,000 | $303,000 |
| August 2026 | $390,000 | $299,000 |
270 new homes permitted in 2025
Builders were permitted 270 new homes in Montgomery in 2025, all single-family houses, worth about $79.6 million to build. That's 108 per 1,000 residents, faster than across Texas (8.1). Over the past 10 years, Montgomery has permitted 1,184 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Montgomery gained 1,327 residents while 465 new homes were permitted: about 2.9 new residents per new home. Building and growth moved roughly in step. Across Texas: 2.6 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 199 | 199 | 0 | $60.3 million |
| 2025 | 270 | 270 | 0 | $79.6 million |
| 2024 | 117 | 117 | 0 | $33.6 million |
| 2023 | 45 | 45 | 0 | $12.4 million |
| 2022 | 170 | 98 | 72 | $34.3 million |
| 2021 | 76 | 76 | 0 | $18.2 million |
| 2020 | 155 | 94 | 61 | $29.1 million |
| 2019 | 131 | 83 | 48 | $25.1 million |
| 2018 | 155 | 75 | 80 | $26.5 million |
| 2017 | 42 | 42 | 0 | $7.4 million |
| 2016 | 23 | 23 | 0 | $4.7 million |
| 2015 | 43 | 43 | 0 | $9 million |
| 2014 | 48 | 48 | 0 | $11.7 million |
| 2013 | 7 | 7 | 0 | $1.4 million |
| 2012 | 5 | 5 | 0 | $992,000 |
| 2011 | 4 | 4 | 0 | $817,000 |
| 2010 | 7 | 7 | 0 | $1.3 million |
| 2009 | 7 | 7 | 0 | $1.8 million |
| 2008 | 7 | 7 | 0 | $1.2 million |
| 2007 | 9 | 9 | 0 | $1.8 million |
| 2006 | 7 | 7 | 0 | $1.2 million |
| 2005 | 20 | 20 | 0 | $2.8 million |
| 2004 | 4 | 4 | 0 | $478,000 |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 2 | 2 | 0 | $232,000 |
| 2001 | 3 | 3 | 0 | $195,000 |
| 2000 | 3 | 3 | 0 | $225,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
5.3 years of income
The typical Montgomery home costs about 5.3 years of the town's median household income, more than across Texas (3.8 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,820
HUD's Fair Market Rent for a two-bedroom in Montgomery is $1,820 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Montgomery pay a median of $1,417, so moving in tends to cost more than staying put. A two-bedroom takes about 30% of the town's median household income.
Studio $1,480 · 4 bedrooms $3,050
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (77316, 77356; Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area), 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, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.