Montgomery AL Real Estate Market Trends & Home Values

Montgomery

Montgomery, AL Home Values & Market Trends

Real estate market trends reflect that there have been 3,550 transactions over the past year in Montgomery. The median value for residential home transactions that occurred over the previous year is $130,285.11. The number of current listings in Montgomery is 203, and the percentage of properties for sale in the city is 203.00%. Montgomery, AL currently has 104 properties in foreclosure, 31 bank owned properties, 73 properties headed for auction, and 203 properties for sale.

Montgomery, AL Real Estate Market Overview

Zip	Median Est. Value	Zip	Median Est. Value
36117	$ 268,867 $ 127/sqft	36114	$ -- $ --
36109	$ 140,000 $ 83/sqft	36131	$ -- $ --
36116	$ 147,500 $ 78/sqft	36130	$ -- $ --
36106	$ 269,900 $ 101/sqft	36112	$ -- $ --
36110	$ 44,977 $ 48/sqft	36113	$ -- $ --
36111	$ 199,950 $ 81/sqft	36115	$ -- $ --
36105	$ 53,700 $ 25/sqft
36108	$ 101,904 $ 76/sqft
36107	$ 51,200 $ 38/sqft
36104	$ 278,516 $ 108/sqft

Housing Market Summary for Montgomery, AL

	Oct 2022	September 2023	Change
Median Listing Price	$181.5K	$143.2K	-21.10%
Median Sold Price	$147.8K	$143.2K	-3.12%
Homes For Sale	230	185	-19.57%
Homes Sold	1,422	1,700	19.55%

Price

$/Sqft

Homes For Sale

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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%.

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Recently Sold Homes

Explore recent offers and recently sold homes in Montgomery, AL

Recently Sold

$124,265

Sold Price

3 baths

2,625 sqft

13,500 sqft lot

800 Spring Valley Rd, Montgomery, AL 36116

Recently Sold

$50,000

Sold Price

1 baths

918 sqft

9,168 sqft lot

250 W Delano Ave, Montgomery, AL 36105

Recently Sold

$270,640

Sold Price

3 baths

2,538 sqft

8,616 sqft lot

2303 Rosemont Pl, Montgomery, AL 36106

Browse Homes in Montgomery, AL

Montgomery home values range from $14,578 to $8,696,272. The median estimated value of a home in Montgomery is $130,285.11. The median list price of a home is 184,900, and the total count of properties in the city is 70,742.

Foreclosure

There are 16 zips within Montgomery, AL; within these zips, the median estimated home value for homes in foreclosure ranges from $539,900 in 36108 to the lowest value of $23,078 in 36108. Foreclosure homes account for 0.00% of properties in Montgomery, AL with 36109 containing 21 foreclosures, the highest number of foreclosure properties in a single zip.

Pre-Foreclosure
Pre-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 Owned
The median estimated home value of bank owned homes (REO properties) in Montgomery, AL ranges from the highest value of $157,732 in 36104 to the lowest value of $35,286 in 36105. Bank owned homes and properties account for 0.04% of properties in Montgomery, AL. There are 16 zips within Montgomery, AL; 36105 containing 7 REO properties, has the highest number of bank owned properties in a single zip.
Auctions
36116 has 16 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 0.10% 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 $739,450 in 36117 to the lowest value of $23,078 in 36117.

Homes for Sale

Homes and properties that are actively listed for sale account for 0.29% of residential properties in Montgomery, AL with 36117 containing 50 homes for sale, the highest number of listed properties in a single zip. There are 16 zips within Montgomery, AL; homes for sale in those zips, have a range of median values from $499,900 in 36106 to the lowest value of $17,490 in 36110.

Sold Homes

The median value for recently sold homes ranges from $1,486,200 in 36117 to the lowest price of $17,930 in 36117. There are 16 zips within Montgomery, AL. 36117 has 443 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.68% of properties in Montgomery, AL.

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