Market Overview
Home Prices in Montgomery, PA
The median home value in Montgomery, PA is $238,629 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3% compared to a year ago and up 2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Montgomery are priced42% below average. Montgomery is part of the Williamsport, PA metro area.
Over the past five years, Montgomery home values have risen by approximately19.8%, reflecting steady appreciation in this market.
Price History
Montgomery Home Price Trend
City Comparison
Montgomery vs. National Median
At $238,629, homes in Montgomery cost 42% below the national median of $410,000. This makes Montgomery a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Montgomery?
20% Down Payment
$47,726
on $238,629
Monthly P&I
$1,245/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,581/mo
incl. taxes & insurance
Income Needed
$63,240
gross annual (30% rule)
10% Down Option
$23,863
+ PMI applies
Loan Amount (20% dn)
$190,903
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, PA?
The median home value in Montgomery is $238,629 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3% year-over-year.
How much have home prices changed in Montgomery?
Over the past year, home values in Montgomery have increased by 3%. Over five years, prices have risen approximately 19.8%.
How much do I need to earn to buy a home in Montgomery?
To comfortably afford the median home price of $238,629 with a 20% down payment ($47,726) at today's rates (6.8%), you'd need a gross annual income of approximately $63,240. 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 $238,629, homes in Montgomery are 42% below the national average.
What metro area is Montgomery part of?
Montgomery is part of the Williamsport, PA metropolitan area. Home prices and market conditions can vary across the broader metro region.