Housing in Montgomery, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$294,000
Median List Price
$389,900
Price Per Sq Ft
$163
Days on Market
126
Active Inventory
20
Months of Supply
4.0
Balanced market
Zillow Home Value
$307,936
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
20.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
98.5%
Buyer's market
Market Activity
Source: RedfinHomes Sold
5
New Listings
6
Pending Sales
4
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$163
Median List $/SF
$201
Montgomery vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Montgomery is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$218,900
Median Rent
$896
Total Housing Units
1,467
Vacancy Rate
4.6%
Owner Occupied
80.9%
Renter Occupied
19.1%
Median Property Tax
$3,142
per year
Monthly Cost (w/ Mortgage)
$1,251
Housing Types
The current median sale price in Montgomery, MN is $294,000 according to Redfin data. Homes spend a median of 126 days on the market. 20.0% of homes sold above asking price. The market has 4.0 months of supply. The median price per square foot is $163. The median rent is $896 per month (Census ACS). About 80.9% of housing units are owner-occupied. The median year homes were built is 1963. There are 1,467 total housing units.