The story of this market
The typical home in Montgomery County, New York sells for about $235,336, or $145 per square foot.
Prices are up +25.5% from a year ago, so sellers still have some momentum. Homes take about 13 days to sell, which is fast. Over the long run, values in this county have grown 61% since 2002. Last year 3 of 5 neighborhoods saw prices rise, so the story isn't the same street to street. HUD's fair market rent for a two-bedroom is $1,111 a month.
HUD sets the fair market rent for a 2-bedroom at $1,111 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Low.
Price climate
Every year of price change, 2002–2025
0%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2006 (+15%). Worst: 2011 (-5.9%). Hover to read a year.
Monthly price momentum
Home values since 2015
+5.5%
NY · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,359
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2002–2025
0%
2025 change
FHFA repeat-sales index, median of 5 census tracts in this county (2002 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
47
Relatively Low
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $19,904,755.
Mortgage activity
Home lending in this county
69.9%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 1404 | 711 | 69.9% | 5.9% | $115,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Montgomery County, New York
Montgomery County is experiencing a significant surge in median home prices, driven by limited inventory and increased regional demand. While homes are selling faster than in previous years, the market remains sensitive to interest rate fluctuations and local economic shifts. Overall, the county is seeing a period of price appreciation that reflects broader trends in the Mohawk Valley.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Select a city to expand its ZIP intel reports beneath · 3 cities · 5 ZIP reports
Median prices moved up 37.9% year over year.
Homes spend a median of 76 days on market with 0.1 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0.46% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 13.5% — a stable, low-distress profile.
ACS 2024 5-year estimates. Aggregate published statistics for this county — never individual records, and never an attribute of any individual property or resident.
Deterministic aggregate of 3 researched ZIP reports of 5 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Montgomery County, New York — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 20
researched Sep 16
researched Sep 16
researched Sep 17
researched Sep 16
| 12010 | Amsterdam | $283,200 | $126 | 0% | 64 | — | — | — | 84 | $1,000 | researched Sep 20 |
| 12068 | Fonda | $370,000 | $226 | +38.1% | 76 | — | — | — | — | $901 | researched Sep 16 |
| 12072 | Fultonville | $179,862 | $118 | +3.5% | 29 | 97.2% | 15% | 26.4 | 12 | $916 | researched Sep 16 |
| 12117 | Mayfield | $195,200 | $112 | 0% | 66 | — | — | — | 40 | $926 | researched Sep 17 |
| 13317 | Canajoharie | $185,000 | $112 | +2.4% | 68 | 97.5% | 12% | 5.2 | 42 | $870 | researched Sep 16 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Crime rates in Montgomery County remain generally lower than the national average, with property crime being the most frequently reported offense. Local law enforcement maintains a stable presence, and the area is considered safer than many larger urban centers in New York.
The county is served by several local school districts that provide a range of educational opportunities, with performance metrics generally aligning with state averages. Community engagement in local school boards is a notable feature of the district-level governance.
The county faces moderate risks from seasonal flooding in low-lying areas near the Mohawk River and occasional severe winter weather. Property insurance markets remain stable, though premiums are influenced by regional climate-risk assessments.
Economic momentum is driven by a mix of manufacturing, agriculture, and regional logistics hubs. Recent infrastructure investments have focused on improving connectivity along the I-90 corridor to support local business expansion.
Property taxes are levied by the county, towns, and school districts, with rates determined by local assessment rolls. The county utilizes a standard ad valorem tax system, and various exemptions are available for seniors, veterans, and agricultural landholders.
The economy is anchored by manufacturing, healthcare, and agricultural sectors, with ongoing efforts to attract small-scale industrial development.
The county is served by the New York State Thruway (I-90) and several state routes, providing critical east-west transit corridors.
The county assessment office manages property valuations based on annual market analysis and equalization rates set by the state.
Parcels are subject to various special districts including fire protection, water, and sewer districts, which vary by municipality.
Property insurance remains available, though homeowners in flood-prone zones near the Mohawk River may require specialized coverage.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
Offers extensive trails and historic sites that highlight the region's industrial past and provide scenic outdoor recreation.
Features remnants of the original Erie Canal and provides educational programming on 19th-century engineering.
Data retrieved from U.S. Census Bureau QuickFacts and Data Commons.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
applies when — Applies to residential rental property where at least 20% of units are subject to an agreement restricting occupancy to income-qualified tenants.
The assessed valuation must be determined using the income approach based on actual net operating income, excluding subsidies, tax credits, or grants used for development costs.
N.Y. Real Property Tax Law Section 581-A
New York is a judicial foreclosure state, meaning the lender must file a lawsuit in court to foreclose on a property. The process typically takes approximately one year from the start of the case to the sale of the home.
New York Real Property Actions and Proceedings Law
applies when — Applies to the sale of residential real property (up to four units).
Sellers are required to provide a Property Condition Disclosure Statement to the buyer. Failure to provide the statement may result in a credit of $500 to the buyer at closing. Knowingly false or incomplete statements may subject the seller to legal claims.
New York Real Property Law Article 14, Section 462
Real property is assessed by local jurisdictions based on a uniform percentage of value. The tax liability is calculated as (Assessed Value * Tax Rate) - Exemptions. Owners of one, two, or three-family owner-occupied residential property have the right to Small Claims Assessment Review (SCAR) to challenge assessments.
New York Real Property Tax Law Article 3 and 7
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.