Market Snapshot

Report generated March 2026

IndicatorValue
Population25,874
↑ 0.5% since 2020
Median Household Income$55,849
25% below national median
Median Home Value$150,300
Unemployment Rate2.9%
Median Age43.6 years
Housing Vacancy Rate32.5%
Total Land Sales (Past 12 Months)119 transactions
Active Listings100 properties
Avg Days on Market225 days

Rural Land Sales (1+ Acres) (Mar 2025 – Mar 2026)

MetricValue
Median Price/Acre$13,889
Recent Sales88 transactions
Avg Days on Market179 days
Avg Parcel Size12.60 acres
Active Listings49 properties

Recent Rural Land Sales

DateAcresPrice$/AcreAddressCity
Mar 202610.68$85,000$7,959New Tract Belford Church Rd #13Jackson Springs
Mar 202610.05$85,000$8,458New Tract Belford Church Rd #12Jackson Springs
Mar 20266.45$130,000$20,1550 Russ Dr #7Mount Gilead
Mar 202610.09$80,000$7,929New Tract Belford Church Rd #10Jackson Springs
Feb 20261.11$20,000$18,018Wildwood LnTroy
Feb 202676.06$435,000$5,7190 Chip RdMount Gilead
Feb 20261.27$337,256$265,556134 Arrowwood DrMount Gilead
Feb 202670.00$255,000$3,643Thickety Creek RdMount Gilead
Feb 202610.25$85,000$8,293New Tract Belford Church Rd #16Jackson Springs
Jan 20268.30$50,000$6,0240 Rock DrMount Gilead
DateAcresPrice$/AcreAddressCity
Jan 20262.58$46,000$17,829224 Plantation WayMount Gilead
Jan 20261.07$160,000$149,533247 Whisper Lake DrNew London
Jan 202650.06$775,000$15,4811732 Ether RdStar
Jan 20263.65$3,000$822Us Highway 220 Alt N
Jan 202610.28$90,000$8,755New Tract Belford Church Rd #11Jackson Springs
Jan 20264.27$1,550,000$362,998180 Deerfield LnNew London
Jan 202614.82$60,000$4,049106 Legrand RdMount Gilead
Jan 2026235.70$831,960$3,5300 Substation RdTroy
Jan 20261.41$31,000$22,017LOT 1 Windblow RdJackson Springs
Jan 20262.63$39,000$14,812LOT 3 Windblow RdJackson Springs
Jan 20261.24$37,500$30,169LOT 2 Windblow RdJackson Springs
Jan 20261.50$25,000$16,667Vacant Us Highway Alt Hwy S #220Candor
Jan 20261.50$25,000$16,667Vacant Us Highway Alt N #220Candor
Dec 20252.53$51,000$20,158144 Plantation WayMount Gilead
Dec 20252.79$35,000$12,5450 Biscoe RdTroy
Dec 20251.72$30,000$17,442226 Leak RdJackson Springs
Dec 20252.04$10,000$4,902N School StCandor
Dec 202510.07$85,000$8,441New Tract Belford Church Rd #15Jackson Springs
Dec 202537.35$142,000$3,8020 Poole Farm RdCandor
Dec 20252.89$40,000$13,836856 Horseshoe Bend RdTroy
Nov 20256.98$50,000$7,1630 Us Highway 220Candor
Nov 202520.45$157,500$7,702TRACT 14 Belford Church RdJackson Springs
Oct 20251.21$456,000$376,864164 Suwanee RdTroy
Oct 20254.69$37,600$8,017Vac Calvary Church RdMount Gilead
Oct 20255.17$50,000$9,679State Highway 109 Hwy NTroy
Oct 20251.11$58,400$52,613156 Flint Ridge TrlNew London
Oct 20251.11$58,400$52,613156 Flint Ridge Trl #94New London
Oct 20251.52$21,000$13,807174 Maske Rd Tract 3Mount Gilead
Oct 202510.10$85,000$8,4161311 N Nc Hwy #109Troy
Oct 20251.29$36,000$27,907688 Deerfield RdMount Gilead
Oct 20251.30$20,000$15,408174 Maske Rd Tract 1Mount Gilead
Sep 20254.08$57,500$14,0930 Brian StBiscoe
Sep 20254.18$57,500$13,7560 Carolina AveBiscoe
Sep 20252.81$75,000$26,6900 Holly Hills DrTroy
Sep 202511.80$130,000$11,017TRACT 3 Robedo Rd Tract 3Mount Gilead
Sep 20254.52$57,900$12,8100 E College StStar
Sep 20252.86$95,000$33,217313 E Main StBiscoe
Aug 20251.38$40,000$28,986196 Porters GlnNew London
Aug 20251.38$40,000$28,986196 Porters Gln #54New London
Aug 202513.12$78,000$5,9450 Morgan RoadCandor
Aug 202510.00$62,500$6,2501504 Cole RdBiscoe
Aug 20256.00$62,500$10,417571 Farmers Market RdBiscoe
Aug 20254.00$52,000$13,0000 Dairy Rd #4Troy
Aug 20254.00$32,000$8,0000 Dairy RdTroy
Aug 20251.09$10,000$9,174320 Whisper Lake DrNew London
Jul 20251.26$19,000$15,080143 Chersonese CtNew London
Jul 20251.26$19,000$15,079143 Chersonese Ct #53New London
Jul 202519.77$190,000$9,6110 State Highway 134 NTroy
Jul 20251.26$100,000$79,365140 Flint Ridge TrlNew London
Jul 20251.14$360,000$315,789126 Moss Bank CtNew London
Jul 20251.14$360,000$315,789126 Moss Bank Ct #116New London
Jul 20251.26$100,000$79,365140 Flint Ridge Trl #93New London
Jul 20251.41$5,000$3,546106 Stonebridge DrNew London
Jun 20251.08$15,000$13,889338 Belhaven CtMount Gilead
Jun 20251.08$15,000$13,889338 Belhaven CtTroy
Jun 20252.23$52,000$23,318200 Plantation WayMount Gilead
Jun 202558.02$200,000$3,4470 Calvary Church RdMount Gilead
Jun 202577.48$10,500$136Badin Lake RdNew London
Jun 20256.49$360,000$55,470116 Fox Land Dr #17-11&12New London
May 202517.00$178,500$10,5001250 Cole RdBiscoe
May 20254.04$46,000$11,3860 Windblow RoadJackson Springs
May 20251.86$280,000$150,538LOT 9 Water Oak WayMount Gilead
May 20251.24$302,000$243,548122 Evergreen Poin #3Mount Gilead
May 20255.22$50,000$9,5790 Holly Mount Church RdMount Gilead
May 20251.04$165,000$158,654367 Whisper Lake DrNew London
May 202592.57$500,000$5,401541 Pleasant Gr Ch RoadMount Gilead
Apr 20251.97$20,000$10,1520 Us Highway 220 Alt SCandor
Apr 20251.97$20,000$10,1520 Us Highway 220 Alternate SCandor
Apr 20252.06$26,000$12,621214 Tamarind DrTroy
Apr 20251.47$28,000$19,048176 Lonnie LaneRockingham
Apr 20251.40$37,500$26,786130 Arrowwood DrMount Gilead
Apr 20251.00$38,000$38,000163 Shagbark Ct #1013Mount Gilead
Apr 20251.17$29,900$25,556320 Balsam CirTroy
Mar 202546.06$325,000$7,0560 Highway 24/27Mount Gilead
Mar 202528.91$175,000$6,053374 Pee Dee RdMount Gilead
Mar 20251.33$51,000$38,346218 Porters GlnNew London
Mar 20251.33$51,000$38,346218 Porters Gln #52New London
Mar 20251.71$407,000$238,0120 Forest Lake CtMount Gilead

Suburban/Urban Land Sales (Under 1 Acre) (Oct 2025 – Mar 2026)

MetricValue
Median Lot Price$37,000
Recent Sales31 transactions
Avg Days on Market95 days
Avg Parcel Size0.50 acres
Active Listings51 properties

Recent Suburban/Urban Land Sales

DateAcresPriceAddressCity
Mar 20260.32$7,000502 S Main StTroy
Mar 20260.06$30,000143 Clubhouse DrNew London
Mar 20260.15$7,0000 W Main StTroy
Feb 20260.60$245,000LOT 14 Russ DrMount Gilead
Feb 20260.31$178,00032 Fern DrMount Gilead
Feb 20260.71$92,2000 Shagbark CtMount Gilead
Jan 20260.82$387,000221 Malabar DrTroy
Jan 20260.09$37,000216 Roberts Ridge Rd #H15Mount Gilead
Jan 20260.06$47,000117 Maple StNew London
Jan 20260.47$15,000Vacant McCallum Rd Lot 8Candor
DateAcresPriceAddressCity
Jan 20260.47$15,000Vacant McCallum Rd Lot 11Candor
Dec 20250.80$25,0000 Emerald Shores Rd #1Mount Gilead
Dec 20250.63$19,900137 Heron Bay DrNew London
Dec 20250.34$3,500235 Millwheel LnMount Gilead
Dec 20250.19$84,900117 Cardinal DrNew London
Nov 20250.53$75,000118 Gatlin KnlNew London
Nov 20250.74$43,000168 Porters GlnNew London
Nov 20250.88$50,0001763 Southpoint LnNew London
Nov 20250.88$50,0001763 Southpoint Ln #75New London
Nov 20250.74$45,000168 Porters Gln #55New London
Nov 20250.11$15,000Lakeshore DrNew London
Nov 20250.61$37,900170 Water Oak WayMount Gilead
Oct 20250.69$37,500305 Tradition Dr #2064Mount Gilead
Oct 20250.38$4,500121 Swift Island PlNew London
Oct 20250.10$10,0000 Hillcrest RdNew London
Oct 20250.43$296,000105 Hedgeline DrTroy
Oct 20250.55$62,500426 Plantation WayMount Gilead
Oct 20250.92$15,000183 Bayview CtNew London
Oct 20250.68$31,000123 Whitley Mill LnNew London
Oct 20250.68$31,000123 Whitley Mill RdNew London
Oct 20250.68$31,000123 Whitley Mill Ln Lot 9New London

County Profile

DemographicValue
Total Population (2023)25,874
Population (2020)25,751
Population Growth0.48%
Median Household Income$55,849
Median Home Value$150,300
Total Housing Units14,930
Vacant Housing Units4,855
Housing Vacancy Rate32.5%
Median Age43.6
Bachelor's Degree or Higher2,385 (9.2%)
Unemployment Rate (BLS)3.6%

Market Overview

Montgomery County, North Carolina has a population of 25,874, which has grown 0.48% since 2020. The median household income is $55,849, below the national median of $74,580 by 25.1%. With a median home value of $150,300 and an unemployment rate of 3.6%, the local economy is struggling. The housing vacancy rate of 32.5% suggests soft market conditions. Montgomery County is part of North Carolina's land market, attracting both local and out-of-state buyers. Recent rural land sales show a median price of $13,822 per acre, with properties averaging 13.40 acres. There are currently 100 active land listings in the county.

Frequently Asked Questions

What is the current population of Montgomery County, North Carolina?
As of the 2023 American Community Survey, Montgomery County has a population of 25,874. The county has grown 0.48% since the 2020 Census, indicating a growing community.
What is the median household income in Montgomery County?
The median household income in Montgomery County is $55,849, which is 25.1% below the national median of $74,580.
Is Montgomery County growing or shrinking?
Montgomery County is growing. The population has increased 0.48% since 2020.
What is the housing market like in Montgomery County?
The median home value in Montgomery County is $150,300. The housing vacancy rate is 32.5%, which suggests soft market conditions. The unemployment rate is 3.6%, indicating a struggling local economy. Recent rural land sales (1+ acres) show a median price of $13,822 per acre. Suburban/urban lots under 1 acre have a median lot price of $25,000.
Does Reelvest buy land in Montgomery County, North Carolina?
Yes! Reelvest Properties buys vacant land throughout North Carolina, including Montgomery County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.