Housing in Montgomery, AL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$162,450

Median List Price

$204,500

Price Per Sq Ft

$92

Days on Market

90

Active Inventory

818

Months of Supply

7.6

Buyer's market

Zillow Home Value

$145,280

ZHVI — January 2026

Zillow Rent Index

$1,312

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 13.6%List Price 7.6%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

16.7%

Off Market in 2 Weeks

24.3%

Sale-to-List Ratio

93.9%

Buyer's market

Sold Above Asking
16.7%
Under Contract in 2 Wks
24.3%
Listings with Price Drops
21.6%

Market Activity

Source: Redfin

Homes Sold

108

New Listings

268

Pending Sales

206

Homes Sold 48.8%New Listings 5.9%Pending 28.7%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$92

Median List $/SF

$113

Sale $/SF 11.5%List $/SF 2.7%Mar 24Jan 26

Montgomery vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 100,000 - 250,000 residents. Montgomery is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$148,500

Median Rent

$1,059

Total Housing Units

94,157

Vacancy Rate

14.5%

Owner Occupied

54.3%

Renter Occupied

45.7%

Median Property Tax

$558

per year

Monthly Cost (w/ Mortgage)

$961

Housing Types

Single Family
73.0%
Multi-Family
24.8%
Mobile Home
2.1%

The current median sale price in Montgomery, AL is $162,450 according to Redfin data. Homes spend a median of 90 days on the market. 16.7% of homes sold above asking price. The market has 7.6 months of supply. The median price per square foot is $92. Zillow's observed rent index is $1,312/month. About 54.3% of housing units are owner-occupied. The median year homes were built is 1977. There are 94,157 total housing units.