Montgomery County, Pennsylvania Housing Market
In Montgomery County, Pennsylvania, the median home value is $436,700, with a median monthly rent of $1,683. This places Montgomery County at #210 nationally out of 3134 counties by median home value, and #3 within Pennsylvania.
📈 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: $1,764
- Establishments: 28,553
- BLS QCEW, 2025
Housing Supply
- Single-family: 1,223
- Multi-family: 1,008
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 364,670 (avg $154,201)
- Outflow: 359,270 (avg $155,206)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Montgomery County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 19453 | 409.4 | +21.70% | 2025 |
| 2 | 18076 | 251.9 | +12.74% | 2025 |
| 3 | 19004 | 308.8 | +8.22% | 2025 |
| 4 | 19072 | 293.8 | +5.30% | 2025 |
| 5 | 19462 | 313.5 | +8.32% | 2025 |
| 6 | 19002 | 286.2 | +5.38% | 2025 |
| 7 | 19401 | 284.3 | +3.57% | 2025 |
| 8 | 18915 | 268.6 | — | 2025 |
| 9 | 19422 | 282.3 | +10.89% | 2025 |
| 10 | 19066 | 277.3 | -5.07% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Montgomery County Compares
| Metric | Montgomery County | Pennsylvania Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $436,700 | $212,079 | $227,706 |
| Median Gross Rent | $1,683 | $990 | $968 |
| Owner Occupancy Rate | 71.4% | 74.2% | 73.3% |
| Price/Rent Ratio | 21.6 | 17.5 | 18.7 |
Market Analysis
The median home value in Montgomery County is 105.9% above the Pennsylvania state average and 91.8% above the U.S. national average. The median rent of $1,683/month is 70.0% above the state average.
With a price-to-rent ratio of 21.6, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Montgomery County has an owner-occupancy rate of 71.4%, compared to 74.2% in Pennsylvania and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Fayette County | Georgia | $436,400 | $1,898 |
| Denton County | Texas | $437,200 | $1,728 |
| Hinsdale County | Colorado | $437,900 | $1,171 |
| Skagway Municipality | Alaska | $435,400 | $1,280 |
| Cherokee County | Georgia | $435,100 | $1,799 |
Other Counties in Pennsylvania
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Bucks County | $445,700 | $1,605 | 77.8% |
| Chester County | $485,600 | $1,763 | 75.1% |
| Delaware County | $332,200 | $1,372 | 69.6% |
| Centre County | $323,500 | $1,207 | 61.8% |
| Northampton County | $308,600 | $1,395 | 71.1% |
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 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).