Montgomery County, Georgia Housing Market
In Montgomery County, Georgia, the median home value is $115,500, with a median monthly rent of $760. This places Montgomery County at #2717 nationally out of 3134 counties by median home value, and #124 within Georgia.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $794
- Establishments: 117
- BLS QCEW, 2025
Housing Supply
- Single-family: 18
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 2,722 (avg $57,125)
- Outflow: 2,542 (avg $58,096)
- IRS Statistics of Income
📝 Editor's Insight
None
How Montgomery County Compares
| Metric | Montgomery County | Georgia Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $115,500 | $197,932 | $227,706 |
| Median Gross Rent | $760 | $965 | $968 |
| Owner Occupancy Rate | 76.2% | 70.6% | 73.3% |
| Price/Rent Ratio | 12.7 | 16.6 | 18.7 |
Market Analysis
The median home value in Montgomery County is 41.6% below the Georgia state average and 49.3% below the U.S. national average. The median rent of $760/month is 21.2% below the state average.
With a price-to-rent ratio of 12.7, buying a home in Montgomery County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Montgomery County has an owner-occupancy rate of 76.2%, compared to 70.6% in Georgia and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Coosa County | Alabama | $115,500 | $665 |
| Christian County | Illinois | $115,500 | $785 |
| Chattooga County | Georgia | $115,600 | $790 |
| Jackson Parish | Louisiana | $115,600 | $736 |
| Sullivan County | Missouri | $115,600 | $673 |
Other Counties in Georgia
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Chattooga County | $115,600 | $790 | 66.8% |
| Talbot County | $117,100 | $816 | 79.6% |
| Telfair County | $113,300 | $712 | 64.9% |
| Dodge County | $118,100 | $723 | 70.6% |
| Jeff Davis County | $118,300 | $650 | 71.3% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-13. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).