Market Overview
Home Prices in Montrose-Ghent, OH
The median home value in Montrose-Ghent, OH is $543,926 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.1% compared to a year ago and up 2.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Montrose-Ghent are priced33% above average. Montrose-Ghent is part of the Akron, OH metro area.
Over the past five years, Montrose-Ghent home values have risen by approximately28.7%, reflecting strong long-term appreciation in this market.
Price History
Montrose-Ghent Home Price Trend
City Comparison
Montrose-Ghent vs. National Median
At $543,926, homes in Montrose-Ghent cost 33% above the national median of $410,000. Buyers in Montrose-Ghent should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Montrose-Ghent?
20% Down Payment
$108,785
on $543,926
Monthly P&I
$2,837/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,603/mo
incl. taxes & insurance
Income Needed
$144,120
gross annual (30% rule)
10% Down Option
$54,393
+ PMI applies
Loan Amount (20% dn)
$435,141
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 Montrose-Ghent, OH?
The median home value in Montrose-Ghent is $543,926 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.1% year-over-year.
How much have home prices changed in Montrose-Ghent?
Over the past year, home values in Montrose-Ghent have increased by 3.1%. Over five years, prices have risen approximately 28.7%.
How much do I need to earn to buy a home in Montrose-Ghent?
To comfortably afford the median home price of $543,926 with a 20% down payment ($108,785) at today's rates (6.8%), you'd need a gross annual income of approximately $144,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Montrose-Ghent compare to the national average home price?
The national median home value is approximately $410,000. At $543,926, homes in Montrose-Ghent are 33% above the national average.
What metro area is Montrose-Ghent part of?
Montrose-Ghent is part of the Akron, OH metropolitan area. Home prices and market conditions can vary across the broader metro region.