Commercial Real Estate Market in Montgomery, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
42 active listings and 791 off-market properties in Montgomery, TX.
Market Trends
Montgomery, TX spans 256.1 square miles in Montgomery County, Texas. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Montgomery, TX runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Montgomery, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Montgomery, TX runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily vacancy in Montgomery, TX runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 55.6%
- Commercial 13.5%
- Planned_development 13.5%
- Industrial 8.8%
- Civic 8.7%
Largest Zones share of zoned land by district
Montgomery, TX zones 3,421 acres across 6 districts. Commercial zoning covers 13.5% of zoned land, residential 55.6% and industrial 8.8%. The largest single district is Residential at 52.7%. For commercial buyers the practical constraint is that only 22.3% of land carries a commercial or industrial designation.
DIVISION 2 DISTRICT R-1 SINGLE-FAMILY RESIDENTIAL Sec. 98-120 Intent and purpose; applicability of recorded plans and plats. (a) District R-1 includes land within the city limits used or subdivided for single-family residential purposes and associated uses, and in accordance with the land use plan. This district is designed to provide sufficient suitable res…
Market overview
Demographics & Economy
Montgomery, TX has 62,734 residents in 26,861 households. Density runs 245 people per square mile. Median household income here is $121,392 and median gross rent $1,516 a month.
Tools
Nearby Markets
Commercial property in Montgomery, TX asks $417/SF. The 2 bordering markets run from $261/SF in Magnolia to $262/SF in Willis, and the city sits above their $261/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Montgomery?
How does Montgomery compare to nearby markets on price?
What zoning applies to commercial property in Montgomery?
Where does Realmo's Montgomery market data come from?
Methodology & data sources
- Asking prices and medians
- There are 32 active for-sale and 10 active for-lease listings in Montgomery, TX. The sale median is based on 9 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 3,421 zoned acres across 6 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
