Montgomery, PA
Housing market overview · Updated weekly
$213,000median sale price
Homes sold
2
Last 12 weeks
Days on market
55
Average pace
Active listings
6
3.0 months supply
Sale-to-list
90.7%
Below asking
Montgomery, PA housing market analysis
The Montgomery housing market is currently classified as a leaning buyer's with a median sale price of $213,000. Homes in Montgomery spend an average of 55 days on market before going under contract, which is above average, giving buyers more time to evaluate properties and negotiate favorable terms.
With 3.0 months of supply, Montgomery is approaching equilibrium. Neither buyers nor sellers hold a decisive advantage, which creates an environment where thoughtful negotiations and fair pricing tend to produce successful transactions for both parties. The average sale-to-list price ratio stands at 90.7%, meaning homes are selling below asking price on average, suggesting room for negotiation.
There are currently 6 active listings in Montgomery, providing a very limited selection that intensifies competition among buyers. New listings coming to market totaled 1 in the most recent period, which suggests slower turnover with fewer new options entering the pipeline. Monitoring inventory trends over time provides one of the best leading indicators of where prices are headed. Rising inventory typically precedes price moderation, while declining inventory often signals continued price appreciation.
Whether you're a first-time homebuyer evaluating Montgomery as a place to put down roots, an investor analyzing cash flow potential, or a current homeowner tracking your equity position, understanding these market dynamics is essential for making well-timed, data-informed decisions. Compare Montgomery with nearby markets using our city comparison tool, or estimate your monthly costs with our mortgage calculator.
Market trends
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Frequently asked questions
What is the average home price in Montgomery?
The median home sale price in Montgomery is $213,000, down 0.0% from last year.
How long do homes stay on market in Montgomery?
Homes typically spend 55 days on market before going under contract.
Is Montgomery a buyer's or seller's market?
With 3.0 months of supply, Montgomery is currently a leaning buyer's.
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