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MN area data

Montgomery, MN

Montgomery, MN.

Population: 4,991 (Census ACS)

Home values & appreciation

Median home value
$329,337
1-year appreciation
+2.3%
3-year appreciation
+7.5%
5-year appreciation
+22.4%
10-year appreciation
+95.6%
All-time peak (2026-05)
$329,882
House Price Index
429.3 (+3.3% YoY)

Market activity

Median sale price
$263,500
Median list price
$250,000
Median days on market
197 days
Sale-to-list ratio
98.3%
Active listings
5
1-year forecast
-0.2%
New listings (monthly)
12

Rents

2-bedroom fair-market rent (HUD reference)
$1,176/mo
3BR fair-market rent
$1,529/mo

Affordability

Cost of living index (Below Average)
90.0 (100 = US avg)
Electricity rate (state-level)
15.8¢/kWh
Natural gas rate (state-level)
$11.00/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
2
Elementary schools
1
Middle schools
0
High schools
1

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
strongWind
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Annual precipitation
34.9 in

Walkability & transit

Walkability index
6.7 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
1
Nearest national park
Mississippi National River & Recreation Area (43 mi)
Nearest airport
Tuma Private Airport (3 mi)
Nearest major airport
Minneapolis–Saint Paul International Airport / Wold–Chamberlain Field (MSP) (36 mi)
Hospitals nearby (~15 mi)
3
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
+97 tax filers

Housing stock

Median year housing built
1,970
Median annual property tax
$3,503
Mean commute to work
22 min
Households with broadband internet
63.8%

Employment & development

Total county employment
7,154
Average weekly wage
$1,050
Top industries (by employment)
Health Care, Construction, Accommodation & Food
Annual residential building permits (county)
48

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents