Home Values

Town of Montgomery Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$216,800

  • 0.6% 1-year change
  • 2.1% 1-year forecast

The median home value in Town of Montgomery is $216,800. Town of Montgomery home values have gone up 0.6% over the past year and Zillow predicts they will rise 2.1% within the next year. The median list price per square foot in Town of Montgomery is None.

Foreclosures will be a factor impacting home values in the next several years. In Town of Montgomery 6.4 homes are foreclosed (per 10,000). This is greater than the Poughkeepsie Metro value of 6.3 and also greater than the national value of 3.9

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Town of Montgomery is 16.8%, which is higher than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Town of Montgomery homeowners underwater on their mortgage is 21.4%, which is lower than Poughkeepsie Metro at 25.7%.

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Relative ZHVI
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Town of Montgomery Market Overview

Data through Apr 30, 2015
  • $216,800 ZHVI
  • 2.1% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Apr 30, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Town of Montgomery Market Health

Data through Apr 30, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 21.4% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 16.8% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

6.4 homes Town of Montgomery
6.3 homes Poughkeepsie Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Hamptonburgh $277,200
Crawford $234,400
Washingtonville $214,900
Name Median ZHVI
Shawangunk $206,000
Town of New Windsor $194,300
Wallkill $169,400
Name Median ZHVI
Pine Bush $161,400
Walden $159,800
Maybrook $125,300

Listings & Sales

  • No data
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Town of Montgomery Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,854 Town of Montgomery
    $1,840 Poughkeepsie Metro
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • $1.08 Rent list price / sq ft
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