Market Overview
Home Prices in Montgomery, OH
The median home value in Montgomery, OH is $690,643 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.4% compared to a year ago and up 5.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Montgomery are priced68% above average. Montgomery is part of the Cincinnati, OH-KY-IN metro area.
Over the past five years, Montgomery home values have risen by approximately34.0%, reflecting strong long-term appreciation in this market.
Price History
Montgomery Home Price Trend
City Comparison
Montgomery vs. National Median
At $690,643, homes in Montgomery cost 68% above the national median of $410,000. Buyers in Montgomery should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Montgomery?
20% Down Payment
$138,129
on $690,643
Monthly P&I
$3,602/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,575/mo
incl. taxes & insurance
Income Needed
$183,000
gross annual (30% rule)
10% Down Option
$69,064
+ PMI applies
Loan Amount (20% dn)
$552,514
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Montgomery, OH?
The median home value in Montgomery is $690,643 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.4% year-over-year.
How much have home prices changed in Montgomery?
Over the past year, home values in Montgomery have increased by 3.4%. Over five years, prices have risen approximately 34.0%.
How much do I need to earn to buy a home in Montgomery?
To comfortably afford the median home price of $690,643 with a 20% down payment ($138,129) at today's rates (6.8%), you'd need a gross annual income of approximately $183,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Montgomery compare to the national average home price?
The national median home value is approximately $410,000. At $690,643, homes in Montgomery are 68% above the national average.
What metro area is Montgomery part of?
Montgomery is part of the Cincinnati, OH-KY-IN metropolitan area. Home prices and market conditions can vary across the broader metro region.