The Montgomery housing market is somewhat competitive. The median sale price of a home in Montgomery was $167K last month, down 3.7% since last year. The median sale price per square foot in Montgomery is $99, up 3.1% since last year.
What is the housing market like in Montgomery today?
In April 2024, Montgomery home prices were down 3.7% compared to last year, selling for a median price of $167K. On average, homes in Montgomery sell after 52 days on the market compared to 48 days last year. There were 219 homes sold in April this year, up from 194 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$167,000
-3.7% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Montgomery, AL
$167,000
-3.7%
United States
To compare other locations to the Montgomery and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Montgomery's median sale price is 61% lower than the national average. Overall cost of living in Montgomery is 12% lower than the national average. Learn which home features in Montgomery add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Montgomery housing market?
Montgomery is somewhat competitive. Homes sell in 52.5 days.
0
100
35
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 53 days.
Hot homes
can sell for around list price and go pending in around 29 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Montgomery housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Montgomery.
Risk Factor
Flood Factor - Minor
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Montgomery has a minor risk of flooding. 5,606 properties in Montgomery are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in Montgomery. Flood risk is increasing slower than the national average.
68% of properties are at risk of wildfire over the next 30 years
Fire Factor
Montgomery has a moderate risk of wildfire. There are 57,554 properties in Montgomery that have some risk of being affected by wildfire over the next 30 years. This represents 68% of all properties in Montgomery.
82% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Montgomery has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Montgomery is most at risk from hurricanes. 68,684 properties in Montgomery have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 111 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 124 mph.