Housing Prices in Montgomery, MI
How much do homes in Montgomery, MI cost?
Median List Price
$175,000
$112/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Montgomery has increased by 23.3% since last year.
Summary: The median home list price in Montgomery was $175,000 in March 2024, up 23.3% from the previous year, and the median price per square foot was $112.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $55K | $55K | 0.0% |
| 2 Bedrooms | $143.9K | $137.5K | -4.4% |
| 3 Bedrooms | $120K | $249.9K | +108.3% |
| 4 Bedrooms | $260K | $81K | -68.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: Montgomery housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.4%, 3 bedroom homes increased by 108.3%, 4 bedroom homes decreased by 68.8%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Montgomery | $119K | $179.9K | +51.2% |
| Camden Township | $169K | $248.5K | +47.0% |
| Montgomery | $141.9K | $175K | +23.3% |
Housing Supply in Montgomery, MI
How many homes are available in Montgomery, MI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Summary: The Montgomery real estate market had 5 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Montgomery housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Montgomery, MI
How long does it take to sell a home in Montgomery, MI?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 91 Days | 164 Days | +79.7% |
Summary: Homes in Montgomery had an average listing age of 164 days in Mar 2024, up by 79.7% compared to the previous year.
