Montgomery County, IN Average Home Price (2026)
The average home price in Montgomery County, Indiana is about $226,500 (the 2026 median across 10 ZIP codes, at ~$139/sq ft) — 3% more affordable than the Indiana median and 22% more affordable than the typical U.S. home.
How Montgomery County compares
Montgomery County is about average for housing nationally: its typical home costs $226,500 against $234,000 for Indiana and $289,000 for the U.S. Within the county, ZIP-level values run from about $175,000 to $253,000.
| Area | Typical value | $ / sq ft |
|---|---|---|
| Montgomery County | $226,500 | $139 |
| Indiana | $234,000 | $154 |
| United States | $289,000 | $193 |
Montgomery County home prices by ZIP code
The 10 most valuable ZIP codes in Montgomery County (of 10 with data):
| ZIP code | Typical value | $ / sq ft | vs county |
|---|---|---|---|
| 47968 New Ross | $253,000 | $182 | +12% |
| 47954 Ladoga | $240,000 | $124 | +6% |
| 47967 New Richmond | $234,000 | $178 | +3% |
| 47933 Crawfordsville | $232,000 | $153 | +2% |
| 47989 Waveland | $227,000 | $162 | +0% |
| 47940 Darlington | $226,000 | $118 | +0% |
| 47994 Wingate | $217,000 | $159 | -4% |
| 47990 Waynetown | $211,000 | $107 | -7% |
| 47955 Linden | $190,000 | $79 | -16% |
| 47965 New Market | $175,000 | $92 | -23% |
Home value appreciation in Montgomery County
Home prices in Montgomery County have risen about 94% over the last 10 years (≈6.8% a year) and +100.4% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at +5.3% — still rising. A home worth $226,500 today was worth roughly $116,994 ten years ago.
See where that trend takes a specific home with the home appreciation calculator — statewide, Indiana is +94.5% over the same 10 years. Past appreciation is a track record, not a forecast; local prices can fall.
Calculators for Montgomery County
Run the numbers for Montgomery County with the local rates already filled in — change any input to test your own situation.
Salary needed to buy a home in Montgomery County
To buy the typical $226,500 home in Montgomery County with 20% down, you need a household income of roughly $62,000 a year (about $1,440 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $73,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $11,300 | $1,790/mo | $77,000/yr |
| 10% (+PMI) | $22,700 | $1,710/mo | $73,000/yr |
| 20% | $45,300 | $1,440/mo | $62,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in Montgomery County
At about $139 per square foot, here is roughly how much home different budgets get you in Montgomery County:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 1080 sq ft | below the local median — condos, smaller or older homes |
| $200k | 1440 sq ft | around the typical home here |
| $250k | 1800 sq ft | around the typical home here |
| $300k | 2160 sq ft | above the median — larger homes or the pricier ZIPs |
| $400k | 2880 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens filtered to Indiana.
Estimate a specific home in Montgomery County
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Montgomery County home prices: frequently asked
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Browse all Indiana cities and counties, or look up price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research; FHFA house price index; Census ZIP-to-county relationships), not appraisals.