Montgomery County, Indiana home prices
Typical home $226,785 · +4.4% in a year · property tax 0.65%
The typical home in Montgomery County is worth $226,785, 12% less than the Indiana typical home ($257,165). Values changed +4.4% in the past year and +31.3% over five years. Homeowners here pay a median 0.65% of their home's value in property tax each year ($1,473 on the typical home), versus 0.74% statewide.
Mortgage on the typical Montgomery County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $45,357 | $181,428 | $1,220 | $0 | $236 | $1,457 | $62,400 |
| 10% down | $22,679 | $204,107 | $1,373 | $85 | $236 | $1,694 | $72,600 |
| 5% down | $11,339 | $215,446 | $1,449 | $90 | $236 | $1,775 | $76,100 |
| 3.5% down (FHA) | $7,937 | $222,678 | $1,498 | $100 | $236 | $1,834 | $78,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.65% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Indiana · part of the Crawfordsville metro area.
Indiana counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| White County | $227,574 | +4.5% | 0.54% |
| Marion County | $227,822 | -0.8% | 0.91% |
| Jackson County | $225,472 | +1.6% | 0.49% |
| Clinton County | $224,260 | +6.8% | 0.6% |
| Warren County | $229,621 | +3.5% | 0.5% |
| Saint Joseph County | $230,569 | +6.5% | 0.86% |
| Jennings County | $222,973 | +5.8% | 0.6% |
| Starke County | $222,883 | +6.0% | 0.61% |
| Parke County | $221,877 | +7.4% | 0.49% |
| Newton County | $221,831 | +3.1% | 0.77% |
Frequently asked questions
What is the average home price in Montgomery County, IN?
The typical home value in Montgomery County is $226,785 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Montgomery County?
About $62,400 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Montgomery County?
The median effective rate is 0.65% of home value a year (Census ACS 2024 5-year estimates).