Montgomery, Minnesota.
Typical home $319,948 (+1.9% in a year). Minneapolis-St. Paul-Bloomington, MN-WI metro.
to buy the typical home at today's mortgage rate — +$890 (+113%) since Jan 2020.
- 1 year
- Up $6,041 +2%
- $313,906$319,948 since Sep 2025
- 5 years
- Up $52,723 +20%
- $267,225$319,948 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Montgomery$1,679
- Minnesota$1,831
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 19 years.
Typical home values in Montgomery, MN rose 1.9% over the past year — faster than the nation's +1.2%.
Living in Montgomery, Le Sueur County, Minnesota
Montgomery is a city of 3,249 people in Le Sueur County. Half its households earn more than $79,432 a year and half less, against $94,968 across Le Sueur County; 6% of its people live below the poverty line. 75% of its homes are lived in by their owners and 25% are rented. Unemployment in Le Sueur County was 4.6% in August 2026, and the county had 2.4% fewer jobs in 2025 than the year before. The most residents work in manufacturing, then schools and health care.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Montgomery is a small city in Le Sueur County where most homes are lived in by their owners, and the population is younger than in many towns of its size. Household incomes run below the county's, though few residents live below the poverty line. Winters are cold and snowy, with January the coldest month, and summers are warm, with July the warmest.
Work. Residents work mainly in manufacturing, in schools, hospitals and social care, in shops, and in the building trades. Seneca Foods, a vegetable and fruit processor, and the Tri-city United School District are among the largest workplaces in Montgomery. A good number of people work from home, and the usual commute is a moderate one.
Things to do. Lake Pepin and Lake Sanborn are in or beside town, and Lake Volney is a short drive away. The 3R Landmark School Museum is also a short drive away. For a longer outing, the Minnesota Zoo and the Valleyfair amusement park are a longer drive away.
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- 1,384households
- 17%of adults have a degree
- 6%below the poverty line
- 23 mintypical commute
- 18%work from home
What residents work in
Employed residents by industry, from the Census survey. Le Sueur County had 8,456 jobs in 2025, 2.4% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 22° and lows near 5°; warmest in July, with highs near 81° and lows near 61°. About 40 inches of snow and 33 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Jordan 1SSW weather station, 14 miles away (NOAA).
Largest workplaces in Montgomery
- Seneca FoodsJuices, fruit or vegetable, fresh, manufacturing287
- Tri-city United School DistrictSchool district257FTE
- Montgomery KK-12 education103
- Tri-City United High SchoolK-12 education77
- Palmer Bus Service of Montgomery-LonsdaleSchool bus services49
- District WideK-12 education31
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 5 workplaces with 20 or more staff, 547 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Strong windVery high
- HailRelatively high
- TornadoesRelatively high
- Cold wavesRelatively moderate
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Montgomery’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Le Sueur County and the Minneapolis-St. Paul-Bloomington, MN-WI metro.
Montgomery home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Montgomery$319,948
- Minnesota$348,778
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Montgomery listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Montgomery28.60%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Montgomery37
New listings per month
Sellers arriving at the market.
- Montgomery9
Zip codes with a Montgomery address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Montgomery — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.