Montgomery County, Pennsylvania home prices
Typical home $492,975 · +2.6% in a year · property tax 1.35%
The typical home in Montgomery County is worth $492,975, 72% more than the Pennsylvania typical home ($287,078). Values changed +2.6% in the past year and +27.3% over five years. Homeowners here pay a median 1.35% of their home's value in property tax each year ($6,632 on the typical home), versus 1.12% 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 | $98,595 | $394,380 | $2,653 | $0 | $799 | $3,452 | $148,000 |
| 10% down | $49,297 | $443,677 | $2,985 | $185 | $799 | $3,969 | $170,100 |
| 5% down | $24,649 | $468,326 | $3,150 | $195 | $799 | $4,145 | $177,600 |
| 3.5% down (FHA) | $17,254 | $484,046 | $3,256 | $218 | $799 | $4,273 | $183,100 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.35% 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 Pennsylvania · part of the Philadelphia metro area.
Pennsylvania counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Bucks County | $523,860 | +3.3% | 1.31% |
| Chester County | $579,006 | +2.9% | 1.3% |
| Lancaster County | $386,389 | +4.3% | 1.32% |
| Northampton County | $374,198 | +3.5% | 1.52% |
| Lehigh County | $363,024 | +3.8% | 1.55% |
| Delaware County | $362,572 | +2.6% | 1.84% |
| Centre County | $351,727 | +2.4% | 1.05% |
| Cumberland County | $341,579 | +2.2% | 1.17% |
| Adams County | $331,644 | +3.0% | 1.33% |
| Butler County | $331,467 | -1.8% | 1.01% |
Frequently asked questions
What is the average home price in Montgomery County, PA?
The typical home value in Montgomery County is $492,975 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Montgomery County?
About $148,000 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 1.35% of home value a year (Census ACS 2024 5-year estimates).