Montgomery County, AL Home Values & Market Trends

The median home price in Montgomery County, AL is $141,833.57. There were 4,112 home sales in Montgomery County, AL over the past 12 months. The median residential Montgomery County, AL home value for transactions over the previous year is $123,429.15. The number of current listings in Montgomery County, AL is 249, and the percentage of properties for sale is 249.00%. The county has 127 foreclosures, 40 bank owned properties, 87 headed for auction, and 249 properties for sale.

Montgomery County, AL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Montgomery

$ 170,888

$ 84/sqft

Grady

$ --

$ --

Pike Road

$ 370,130

$ 139/sqft

Ramer

$ --

$ --

Mathews

$ 885,638

$ 121/sqft

Cecil

$ --

$ --

Hope Hull

$ 215,463

$ 83/sqft

Lapine

$ --

$ --

Mount Meigs

$ --

$ --

Housing Market Summary for Montgomery County, AL

Apr 2023March 2024Change
Median Listing Price$227K$129.8K-42.80%
Median Sold Price$143.5K$129.8K-9.49%
Homes For Sale2242313.13%
Homes Sold1,3491,82635.36%
Price
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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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Browse Homes in Montgomery County, AL

Montgomery County, AL home values range from $10,194 to $10,090,621. Mathews is the priciest city with a median listing home price of $990,000, and Montgomery is most affordable with average house prices of around $204,900.

Foreclosure
There are 9 cities within Montgomery County, AL; within these cities, the median estimated home value for homes in foreclosure ranges from $308,870 in Montgomery to the lowest value of $22,238 in Montgomery. Foreclosure homes account for 0.00% of properties in Montgomery County, AL with Montgomery containing 122 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Montgomery County, AL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 9 cities within Montgomery County, AL; of those cities, 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 County, AL ranges from the highest value of $321,331 in Lapine to the lowest value of $33,727 in Montgomery. Bank owned homes and properties account for 0.05% of properties in Montgomery County, AL. There are 9 cities within Montgomery County, AL; Montgomery containing 38 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Montgomery has 84 auction properties, the highest number of properties going to auction in a single city in the state of Montgomery County, AL. Auction homes and other auction properties account for 0.11% of all properties in Montgomery County, AL. There are 9 cities within Montgomery County, AL; of those cities, the median estimated home value for homes going to auction ranges from $739,079 in Grady to the lowest value of $22,238 in Grady.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.32% of residential properties in Montgomery County, AL with Montgomery containing 207 homes for sale, the highest number of listed properties in a single city. There are 9 cities within Montgomery County, AL; homes for sale in those cities, have a range of median values from $885,638 in Mathews to the lowest value of $17,442 in Montgomery.
    Sold Homes
    The median value for recently sold homes ranges from $761,598 in Cecil to the lowest price of $16,395 in Cecil. There are 9 cities within Montgomery County, AL. Montgomery has 1738 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.39% of properties in Montgomery County, AL.

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      Guide for Montgomery County, AL

      Market Reports
      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports
      Birmingham, Alabama – Real Estate Market Snapshot March 2024
      Home Buying Tools
      Federal Eviction Ban Overturned. Here’s Why
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      See More Articles
      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.

      Birmingham, Alabama – Real Estate Market Snapshot March 2024
      Market Reports|posted 20 March 2024

      Birmingham, Alabama’s real estate market is showing a positive growth trend, with increasing average property values from March 2023 to February 2024.

      Federal Eviction Ban Overturned. Here’s Why
      Home Buying Tools|posted 5 June 2021

      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 […]

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.