What is the median home value in Montgomery Township (Montgomery County), PA?
The median value of owner-occupied homes in Montgomery Township (Montgomery County), PA is $473,400 (±$16,600), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Montgomery Township (Montgomery County), the median home value went from $358,400 in 2015–2019 to $473,400 in 2020–2024 (+32.1%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median home value
- $473,400 (±$16,600)
- Owner-occupied homes
- 8,867 (±384)
- Most common range
- $500,000 to $999,999
Home values in Montgomery Township (Montgomery County)
| Value | Montgomery Township (Montgomery County) | Montgomery County | Pennsylvania | United States |
|---|---|---|---|---|
| Less than $50,000 | 1.7% (±0.8 points) | 2.0% | 5.5% | 5.3% |
| $50,000 to $99,999 | 1.8% (±0.9 points) | 1.2% | 8.4% | 6.1% |
| $100,000 to $149,999 | 2.9% (±1.3 points) | 1.8% | 9.6% | 6.8% |
| $150,000 to $199,999 | 3.1% (±1.2 points) | 3.9% | 12.8% | 9.0% |
| $200,000 to $299,999 | 6.4% (±1.8 points) | 13.1% | 22.9% | 17.8% |
| $300,000 to $499,999 | 40.5% (±4.2 points) | 40.4% | 25.9% | 26.9% |
| $500,000 to $999,999 | 42.0% (±4.3 points) | 32.3% | 12.8% | 20.9% |
| $1,000,000 or more | 1.7% (±0.9 points) | 5.2% | 2.1% | 7.1% |
The most common range is $500,000 to $999,999, 42.0% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Montgomery Township (Montgomery County) against Montgomery County, its state and the nation
| Montgomery Township (Montgomery County) | Montgomery County | Pennsylvania | United States | |
|---|---|---|---|---|
| Median home value | $473,400 (±$16,600) | $436,700 (±$2,838) | $254,500 (±$767) | $332,700 |
| Owner-occupied homes | 8,867 (±384) | 239,495 (±2,085) | 3,656,971 (±15,249) | 84,210,142 |
In Montgomery Township (Montgomery County), the median home value is higher than in Montgomery County ($436,700).
It is also higher than in Pennsylvania ($254,500).
It is higher than the national figure ($332,700).
In Montgomery County, Montgomery Township (Montgomery County) ranks 15 of 62 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 96 of 2,541.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Montgomery Township (Montgomery County) have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $358,400 (±$9,030) | $473,400 (±$16,600) | +32.1% | Up after inflation |
| Median owner cost with a mortgage | $2,264 (±$64) | $2,408 (±$120) | +6.4% | Down after inflation |
| Median real estate taxes | $4,718 (±$176) | $5,699 (±$222) | +20.8% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Montgomery Township (Montgomery County)
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Montgomery Township (Montgomery County) | — | $473,400 (±$16,600) | — |
| Brittany Farms-The Highlands | 1.9 mi | $396,100 (±$21,871) | Lower |
| Lansdale | 2.5 mi | $343,800 (±$10,439) | Lower |
| North Wales | 3.1 mi | $410,500 (±$22,672) | Lower |
| Chalfont | 3.4 mi | $445,900 (±$19,204) | Lower |
| Hatfield Township | 3.7 mi | $447,000 (±$12,466) | Lower |
| Lower Gwynedd Township | 3.8 mi | $655,000 (±$35,906) | Higher |
| Upper Gwynedd Township | 3.8 mi | $479,400 (±$16,619) | Not measurably different |
| Warrington Township (Bucks County) | 4.0 mi | $553,100 (±$21,828) | Higher |
Nearby places with a measurably lower figure: Brittany Farms-The Highlands, PA ($396,100), Lansdale, PA ($343,800), North Wales, PA ($410,500).
Nearby places with a measurably higher figure: Lower Gwynedd Township, PA ($655,000), Warrington Township (Bucks County), PA ($553,100).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Montgomery County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 9 | Whitemarsh Township | $570,100 (±$25,870) |
| 10 | Skippack Township | $554,700 (±$31,130) |
| 11 | Upper Providence Township (Montgomery County) | $538,900 (±$26,576) |
| 12 | Lower Salford Township | $509,200 (±$42,825) |
| 13 | Upper Gwynedd Township | $479,400 (±$16,619) |
| 14 | West Conshohocken | $475,500 (±$22,981) |
| 15 | Montgomery Township (Montgomery County) | $473,400 (±$16,600) |
| 16 | Horsham Township | $473,100 (±$17,904) |
| 17 | Springfield Township (Montgomery County) | $469,500 (±$10,284) |
| 18 | Lower Providence Township | $465,500 (±$22,186) |
| 19 | Salford Township | $462,800 (±$22,579) |
| 20 | Upper Salford Township | $459,800 (±$27,961) |
| 21 | Plymouth Township (Montgomery County) | $457,800 (±$13,769) |
Showing 13 of 62 places in Montgomery County, ranked from highest to lowest.
The figures for Montgomery Township (Montgomery County) include the places inside it that have pages of their own: Montgomeryville.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Montgomery Township (Montgomery County)
What is the average home value in Montgomery Township (Montgomery County), PA?
The Census Bureau publishes the median: $473,400 (±$16,600) for owner-occupied homes in Montgomery Township (Montgomery County) (2020–2024 American Community Survey).
Have home values in Montgomery Township (Montgomery County) gone up?
In Montgomery Township (Montgomery County), the median home value went from $358,400 in 2015–2019 to $473,400 in 2020–2024 (+32.1%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Is this what homes in Montgomery Township (Montgomery County) sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Montgomery township, Montgomery County, Pennsylvania
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Montgomery township, Montgomery County, Pennsylvania
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Montgomery township, Montgomery County, Pennsylvania
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Montgomery township, Montgomery County, Pennsylvania
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Montgomery township, Montgomery County, Pennsylvania (county subdivision:50640, in state:42 county:091).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
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