Montgomery County, NC Home Values & Market Trends

The median home price in Montgomery County, NC is $183,182.78. There were 423 home sales in Montgomery County, NC over the past 12 months. The median residential Montgomery County, NC home value for transactions over the previous year is $155,000. The number of current listings in Montgomery County, NC is 51, and the percentage of properties for sale is 51.00%. The county has 4 foreclosures, 0 bank owned properties, 1 headed for auction, and 51 properties for sale.

Montgomery County, NC Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Mount Gilead

$ 399,000

$ 186/sqft

Biscoe

$ 210,042

$ 135/sqft

Troy

$ 179,075

$ 138/sqft

Candor

$ 139,900

$ 111/sqft

Star

$ 169,900

$ 116/sqft

Housing Market Summary for Montgomery County, NC

Apr 2023March 2024Change
Median Listing Price$354.3K$169.9K-52.05%
Median Sold Price$177.3K$169.9K-4.21%
Homes For Sale264884.62%
Homes Sold233197-15.45%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Montgomery County, NC

Montgomery County, NC home values range from $16,090 to $9,223,311. Mount Gilead is the priciest city with a median listing home price of $385,000, and Troy is most affordable with average house prices of around $203,000.

Foreclosure
There are 5 cities within Montgomery County, NC; within these cities, the median estimated home value for homes in foreclosure ranges from $684,000 in Mount Gilead to the lowest value of $89,308 in Mount Gilead. Foreclosure homes account for 0.00% of properties in Montgomery County, NC with Mount Gilead containing 4 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.03% of all residential properties in Montgomery County, NC with Mount Gilead containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 5 cities within Montgomery County, NC; of those cities, the estimated home value for pre-foreclosure homes ranges from $684,000 in Mount Gilead to the lowest home value of $223,896 in Mount Gilead.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Montgomery County, NC ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Montgomery County, NC. There are 5 cities within Montgomery County, NC; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Mount Gilead has 1 auction properties, the highest number of properties going to auction in a single city in the state of Montgomery County, NC. Auction homes and other auction properties account for 0.01% of all properties in Montgomery County, NC. There are 5 cities within Montgomery County, NC; of those cities, the median estimated home value for homes going to auction ranges from $89,308 in Mount Gilead to the lowest value of $89,308 in Mount Gilead.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.44% of residential properties in Montgomery County, NC with Mount Gilead containing 13 homes for sale, the highest number of listed properties in a single city. There are 5 cities within Montgomery County, NC; homes for sale in those cities, have a range of median values from $299,605 in Biscoe to the lowest value of $36,400 in Mount Gilead.
    Sold Homes
    The median value for recently sold homes ranges from $1,100,660 in Star to the lowest price of $20,960 in Star. There are 5 cities within Montgomery County, NC. Mount Gilead has 71 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.06% of properties in Montgomery County, NC.

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      Guide for Montgomery County, NC

      Foreclosure
      North Carolina Foreclosure Laws
      Buy to Rent
      Greensboro Real Estate Trends Shift: Property Values Decline, But Activity Remains Buoyant in 2023 – 2024
      Buy to Rent
      Real Estate Trends in the Durham, NC – Feb 2024
      Buy to Rent
      Charlotte’s Real Estate Market Sees Incremental Rise Amidst Fluctuations in 2023
      See More Articles
      North Carolina Foreclosure Laws
      Foreclosure|posted 6 June 2019

      North Carolina Foreclosure Laws

      Greensboro Real Estate Trends Shift: Property Values Decline, But Activity Remains Buoyant in 2023 – 2024
      Buy to Rent|posted 12 March 2024

      In Greensboro, NC, real estate trends indicate a decreasing average property value and sale price as of February 2024 while maintaining consistent market activity. Property values in the city indicate an affordable entry point for homebuying in comparison to neighboring areas.

      Real Estate Trends in the Durham, NC – Feb 2024
      Buy to Rent|posted 29 February 2024

      The Durham, NC real estate market is showing dynamic trends, with fluctuations in property value and sold prices across the year and in neighboring cities. Local demand, economic factors, and community growth have created a complex market with growth potential, minimal distressed sales, and distinct opportunities for various buyer segments.

      Charlotte’s Real Estate Market Sees Incremental Rise Amidst Fluctuations in 2023
      Buy to Rent|posted 12 February 2024

      This blog post explores the varying property values and real estate trends in Charlotte, North Carolina and its surrounding areas within a span of a year. The analysis provides insights into median property values, square foot prices, sold properties, foreclosures, market health, and local submarkets.

      Recently Listed Homes Montgomery County, NC

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