Montgomery County, Texas Housing Market
In Montgomery County, Texas, the median home value is $346,200, with a median monthly rent of $1,532. This places Montgomery County at #438 nationally out of 3134 counties by median home value, and #15 within Texas.
📈 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: $1,453
- Establishments: 15,360
- BLS QCEW, 2025
Housing Supply
- Single-family: 11,597
- Multi-family: 2,017
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 253,240 (avg $122,235)
- Outflow: 236,675 (avg $124,078)
- 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 | 77302 | 397.7 | +39.39% | 2025 |
| 2 | 77318 | 342.9 | -6.18% | 2025 |
| 3 | 77362 | 375.2 | — | 2025 |
| 4 | 77384 | 260.4 | +8.34% | 2025 |
| 5 | 77354 | 311.6 | +2.41% | 2025 |
| 6 | 77381 | 315.9 | -0.63% | 2025 |
| 7 | 77355 | 328.3 | +8.72% | 2025 |
| 8 | 77380 | 346.0 | +2.82% | 2025 |
| 9 | 77382 | 267.8 | +2.28% | 2025 |
| 10 | 77301 | 287.1 | +0.74% | 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 | Texas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $346,200 | $186,278 | $227,706 |
| Median Gross Rent | $1,532 | $997 | $968 |
| Owner Occupancy Rate | 71.8% | 73.2% | 73.3% |
| Price/Rent Ratio | 18.8 | 15.2 | 18.7 |
Market Analysis
The median home value in Montgomery County is 85.9% above the Texas state average and 52.0% above the U.S. national average. The median rent of $1,532/month is 53.7% above the state average.
With a price-to-rent ratio of 18.8, the buy-vs-rent decision in Montgomery County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Montgomery County has an owner-occupancy rate of 71.8%, compared to 73.2% in Texas 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 |
|---|---|---|---|
| Chugach Census Area | Alaska | $346,200 | $1,369 |
| Anoka County | Minnesota | $346,500 | $1,464 |
| Warren County | New Jersey | $346,500 | $1,409 |
| Lawrence County | South Dakota | $346,500 | $938 |
| Matanuska-Susitna Borough | Alaska | $346,600 | $1,299 |
Other Counties in Texas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Burnet County | $344,000 | $1,319 | 76.3% |
| Ellis County | $348,600 | $1,594 | 75.8% |
| Llano County | $356,500 | $998 | 76.5% |
| Chambers County | $329,500 | $1,609 | 81.6% |
| Tarrant County | $323,900 | $1,547 | 59.3% |
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 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).