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Is Montgomery, MI 49255 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Montgomery is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list91.8%Sold price ÷ list price
Median days on market—Listing to accepted offer
Median price per sq ft$60▼ −73.8% vs. last year

The Montgomery housing market right now

In the three months ending August 31, 2026, 0% of homes in Montgomery, MI 49255 sold above their list price and there were 8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (161 days then) and the median sale price fell 75% to $75,717. Overall, Montgomery is less competitive than a year ago, which gives buyers more room.

Within Branch County, homes here sell less often over asking than in any other ZIP code in the county.

Nearby, Bronson 49028 (38% sold over asking) and Quincy 49082 (27% sold over asking) are even more competitive.

Run the numbers for 49255

Prefilled for 49255Can I win this house?Multiple-offer likelihood for a listing Prefilled for 49255Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bronson 49028Seller’s market $187 /sq ftColdwater 49036Seller’s market $175 /sq ftQuincy 49082Balanced $163 /sq ftSherwood 49089Buyer’s market $202 /sq ft Browse all markets →

Towns like Montgomery nearby

Find towns like Montgomery in other states →
Morenci, MI49256 · 33 miles away69% similarlarger · older residents Hicksville, OH43526 · 34 miles away69% similarpricier homes ($27K more) · larger Burr Oak, MI49030 · 25 miles away67% similarolder residents Saint Joe, IN46785 · 33 miles away67% similarolder residents

Where Montgomery is

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Questions about Montgomery real estate

Is Montgomery a buyer’s or seller’s market?

A buyer’s market: there were 8 months of supply in Montgomery, MI 49255 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

Do homes in Montgomery sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 91.8% of the list price.

What are property taxes in Montgomery?

About 1.16% of a home’s value a year in Branch County, or roughly $4,640 on a $400,000 home.

What is the median home price in Montgomery?

The median sale price was $75,717 in the three months ending August 31, 2026, about $60 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology