The Montgomery housing market is somewhat competitive. The median sale price of a home in Montgomery was $210K last month, up 13.1% since last year. The median sale price per square foot in Montgomery is $93, down 6.1% since last year.
What is the housing market like in Montgomery today?
In September 2024, Montgomery home prices were up 13.1% compared to last year, selling for a median price of $210K. On average, homes in Montgomery sell after 55 days on the market compared to 45 days last year. There were 195 homes sold in September this year, up from 184 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$210,000
+13.1% YoY | Sep 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Sep 2024
Growth
% YoY
Montgomery, AL
$210,000
+13.1%
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 60% lower than the national average. Overall cost of living in Montgomery is 11% 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 51 days.
0
100
42
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 51 days.
Hot homes
can sell for around list price and go pending in around 26 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.
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. 5,517 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.
66% of properties are at risk of wildfire over the next 30 years
Fire Factor
Montgomery has a moderate risk of wildfire. There are 55,629 properties in Montgomery that have some risk of being affected by wildfire over the next 30 years. This represents 66% 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. 68,792 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.