Montgomery - AL housing market

The typical home value ($214,925) is the Zillow Home Value Index for the Montgomery - AL metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 3.8% over the past year. In Montgomery - AL, that means a home worth $207,057 last year is now worth roughly $214,925.

The median sale price, what homes actually close for, is $221,966. Homes are selling at 96.7% of list price, meaning buyers have room to negotiate.

Homes listed in Montgomery - AL sit on the market for roughly 24 days before going pending. Shorter = seller's market; longer = buyer's market.

About 24.3% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 466 new listings hit the market each month in Montgomery - AL. There are currently 1,733 homes for sale, up 5.4% from a year ago.

The typical monthly rent in Montgomery - AL is $1,420, up 3.1% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 12.6x, buying territory (#186 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $1,105 a month in principal and interest, $315 less than renting before taxes, insurance and upkeep. The two break even at a 9.29% rate.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →