Montgomery County, North Carolina home prices
Typical home $195,311 · +3.1% in a year · property tax 0.64%
The typical home in Montgomery County is worth $195,311, 41% less than the North Carolina typical home ($332,159). Values changed +3.1% in the past year and +27.8% over five years. Homeowners here pay a median 0.64% of their home's value in property tax each year ($1,253 on the typical home), versus 0.64% 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 | $39,062 | $156,249 | $1,051 | $0 | $202 | $1,253 | $53,700 |
| 10% down | $19,531 | $175,780 | $1,182 | $73 | $202 | $1,458 | $62,500 |
| 5% down | $9,766 | $185,546 | $1,248 | $77 | $202 | $1,528 | $65,500 |
| 3.5% down (FHA) | $6,836 | $191,774 | $1,290 | $86 | $202 | $1,578 | $67,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.64% 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 North Carolina.
North Carolina counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Rockingham County | $196,825 | +1.3% | 0.75% |
| Columbus County | $198,207 | +6.6% | 0.77% |
| Duplin County | $187,547 | +2.6% | 0.69% |
| Vance County | $182,040 | -1.1% | 0.78% |
| Caswell County | $210,158 | +5.6% | 0.69% |
| Cleveland County | $210,523 | +0.0% | 0.64% |
| Wayne County | $179,054 | -0.6% | 0.7% |
| Greene County | $176,510 | +1.3% | 0.89% |
| Rutherford County | $214,563 | +2.4% | 0.58% |
| Wilson County | $216,195 | -0.4% | 0.79% |
Frequently asked questions
What is the average home price in Montgomery County, NC?
The typical home value in Montgomery County is $195,311 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Montgomery County?
About $53,700 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 0.64% of home value a year (Census ACS 2024 5-year estimates).