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Featured local agent — Montgomery, AL
Sarah Mitchell
Compass Real Estate · Montgomery, AL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Montgomery, AL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$225,000median sale price
How is the Montgomery, AL housing market right now?
The median home sale price in Montgomery, AL is $225,000, up 0.4% year-over-year. Homes sell in an average of 64 days with 986 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Montgomery a buyer's or seller's market?
Montgomery, AL is currently a buyer's market, based on 4.6 months of supply and homes selling in about 64 days. How we determine this →
Homes sold
214
Last 12 weeks
Days on market
64
Average pace
Active listings
986
4.6 months supply
Sale-to-list
95.8%
Below asking
What does the Montgomery housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $225,000 |
| Median list price | $200,000 |
| Year-over-year price change | +0.4% |
| Average days on market | 64 days |
| Active inventory | 986 listings |
| Months of supply | 4.6 months |
| Sale-to-list price ratio | 95.8% |
| Median price per sq ft | $114/sq ft |
| Homes sold (latest month) | 214 |
| New listings (latest month) | 299 |
| Listings with a price cut | 23.0% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Montgomery by property type?
How the Montgomery, AL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $229,450 | $116/sq ft | 204 | 64 days |
| Condo / Co-op | $118,500 | $73/sq ft | 1 | 249 days |
| Townhouse | $140,000 | $113/sq ft | 5 | 35 days |
Source: Redfin · Updated monthly
The Montgomery housing market is currently classified as a buyer's market with a median sale price of $225,000. Prices have risen 0.4% compared to last year, with homes spending an average of 64 days on market, indicating 4.6 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 2.8x provides context for how home values compare to local earning capacity.
Homes for sale in Montgomery
There are currently 986 homes listed for sale in Montgomery, Alabama. The median listing price is $200K.
Active listings
986
Homes on market
Median list price
$200K
Avg. days on market
64
Days until sale
New this week
299
Newly listed
Who lives in Montgomery?
Population
198,440
Median income
$55,687/yr
Median age
36.2 years
Owner-occupied
54.3%
College grads
33.5%
Avg commute
20.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Montgomery?
Zillow home value
$153,885
Zillow rent index
$1,343/mo
Price-to-rent ratio
9.5x
Price-to-income
2.8x
Source: Zillow Research
What is it like to live in Montgomery?
Montgomery is a community of approximately 198K residents with a median age of 36.2 years.The median household income is $55,687, which represents a working-class community with solid middle-income opportunities. 33.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 54.3%, showing a blend of owner and renter-occupied properties. The average commute time is 20.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Montgomery offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Montgomery?
50 schools tracked · 27,293 students
The largest public schools serving Montgomery, AL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Johnson Abernathy Graetz High School
Grades 9-12 · 1,592 students
Percy Julian High School
Grades 9-12 · 1,260 students
Carver Senior High School
Grades 9-12 · 1,111 students
Park Crossing High School
Grades 9-12 · 871 students
Brewbaker Middle School
Grades 6-8 · 861 students
Brewbaker Primary School
Grades PK-2 · 758 students
Goodwyn Middle School
Grades 6-8 · 757 students
Carr Middle School
Grades 6-8 · 725 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Montgomery, AL?
Want a head-to-head view? Compare Montgomery side-by-side with any other U.S. city using our market-comparison tool.
Is Montgomery a good real estate investment market?
For investors evaluating Montgomery, the price-to-rent ratio of 9.5x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 0.4% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Montgomery's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Montgomery's median home price.
Frequently asked questions
What is the average home price in Montgomery?
The median home sale price in Montgomery is $225,000, up 0.4% from last year.
How long do homes stay on market in Montgomery?
Homes typically spend 64 days on market before going under contract.
What is the median income in Montgomery?
The median household income is $55,687 per year.
Is Montgomery a buyer's or seller's market?
With 4.6 months of supply, Montgomery is currently a buyer's market.
What is the Zillow home value estimate for Montgomery?
The Zillow Home Value Index (ZHVI) for Montgomery is $153,885, representing the typical home value in the area.
What is the median condo price in Montgomery?
The median condo/co-op sale price in Montgomery, AL is $118,500, compared to $229,450 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Montgomery?
The median single-family home price in Montgomery, AL is $229,450 (about $116 per square foot).
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