Montgomery, AL Home Values & Market Trends
Real estate market trends reflect that there have been 3,693 transactions over the past year in Montgomery. The median value for residential home transactions that occurred over the previous year is $132,950. The number of current listings in Montgomery is 210, and the percentage of properties for sale in the city is 210.00%. Montgomery, AL currently has 112 properties in foreclosure, 37 bank owned properties, 75 properties headed for auction, and 210 properties for sale.
Montgomery, AL Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 36117 | $ 269,066 $ 126/sqft | 36107 | $ 44,267 $ 31/sqft |
| 36109 | $ 141,897 $ 83/sqft | 36104 | $ 164,995 $ 60/sqft |
| 36116 | $ 213,024 $ 105/sqft | 36114 | $ -- $ -- |
| 36106 | $ 209,373 $ 83/sqft | 36131 | $ -- $ -- |
| 36111 | $ 166,155 $ 70/sqft | 36130 | $ -- $ -- |
| 36110 | $ 39,443 $ 35/sqft | 36112 | $ -- $ -- |
| 36105 | $ 44,656 $ 28/sqft | 36113 | $ -- $ -- |
| 36108 | $ 90,000 $ 55/sqft | 36115 | $ -- $ -- |
Housing Market Summary for Montgomery, AL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $183K | $124.7K | -31.85% |
| Median Sold Price | $138.8K | $124.7K | -10.14% |
| Homes For Sale | 191 | 200 | 4.71% |
| Homes Sold | 1,254 | 1,689 | 34.69% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Montgomery, AL
Browse Homes in Montgomery, AL
Montgomery home values range from $10,194 to $9,136,539. The median estimated value of a home in Montgomery is $132,950. The median list price of a home is 202,400, and the total count of properties in the city is 70,743.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Montgomery, AL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 16 zips within Montgomery, AL; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Montgomery, AL ranges from the highest value of $151,731 in 36111 to the lowest value of $25,339 in 36105. Bank owned homes and properties account for 0.05% of properties in Montgomery, AL. There are 16 zips within Montgomery, AL; 36109 containing 8 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions36117 has 14 auction properties, the highest number of properties going to auction in a single zip in the state of Montgomery, AL. Auction homes and other auction properties account for 0.11% of all properties in Montgomery, AL. There are 16 zips within Montgomery, AL; of those zips, the median estimated home value for homes going to auction ranges from $537,215 in 36117 to the lowest value of $22,238 in 36117.
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More Real Estate Resources for Montgomery, AL
Guide for Montgomery, AL
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Last month we asked if it was possible that eviction moratoriums from the federal government were illegal. “If you’re a real estate investor with rental properties you depend on monthly rental payments to cover the mortgage, taxes, repairs, and other costs. But what happens if the government says, nope, you can’t evict tenants who don’t […]
Information on foreclosure financing, refinancing, and foreclosure mortgages.
