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Montgomery, GA Real Estate


According to census data in the year 2000 there were 1,648 housing units in Montgomery. This represents a 0.4% decline from 1,655 in 1990.

Of those housing units, 1,648 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Montgomery is about 85%. Montgomery's vacancy rate, including seasonal lodging, is about 4.8%. Average household size is 2.65 people.

The majority of houses, apartments or condos in Montgomery were built after 1980.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom3.40%
Two Bedrooms23.40%
Three Bedrooms57%
Four Bedrooms13.50%
Five Bedrooms or more2.70%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.68
Median year structure was built1981
Median Value of occupied units$133,200
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size2.48
Median year structure was built1974
Median Monthly Rent asked for vacant units$589

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.70%
Second Mortgage12%
Home Equity Loan10.20%
Simple Mortgage43.10%
Debt Free33.90%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.7%