Montgomery housing market: home prices, trends and forecast
Montgomery home prices: the Zillow Home Value Index placed the typical home in Montgomery, Alabama at $149,943 in September 2026, up 1.7% from a year earlier and at a record monthly high.
- Value of a typical home
- $149,943September 2026, Zillow ZHVI
- Change over 12 months
- Up 1.7% since September 2025.
Montgomery home prices since 2000
Montgomery appears on the steel line, while the United States appears on the grey line. Since January 2000, the typical home in Montgomery has risen from $92,020 to $149,943, a multiple of 1.63, compared with 2.99 for the US during those months. The boom high was $114,955 in May 2008, while the low reached $95,037 in May 2012, a 17.3% decline.
By year, the median price of homes in Montgomery
Each yearly figure averages the twelve monthly values; 2026 displays the most recent month.
| Year | Montgomery | Change on the year | United States |
|---|---|---|---|
| 2000 | $92,899 | $125,745 | |
| 2001 | $94,059 | +1.2% | $134,899 |
| 2002 | $94,343 | +0.3% | $144,276 |
| 2003 | $95,525 | +1.3% | $155,308 |
| 2004 | $97,422 | +2.0% | $169,891 |
| 2005 | $102,540 | +5.3% | $189,732 |
| 2006 | $109,471 | +6.8% | $206,531 |
| 2007 | $113,691 | +3.9% | $208,449 |
| 2008 | $114,476 | +0.7% | $195,574 |
| 2009 | $109,449 | −4.4% | $177,542 |
| 2010 | $106,085 | −3.1% | $171,462 |
| 2011 | $100,119 | −5.6% | $162,508 |
| 2012 | $95,843 | −4.3% | $161,137 |
| 2013 | $97,810 | +2.1% | $171,420 |
| 2014 | $99,611 | +1.8% | $182,996 |
| 2015 | $97,865 | −1.8% | $192,738 |
| 2016 | $97,719 | −0.1% | $204,509 |
| 2017 | $97,676 | 0% | $216,767 |
| 2018 | $98,502 | +0.8% | $230,541 |
| 2019 | $105,346 | +6.9% | $242,088 |
| 2020 | $109,785 | +4.2% | $257,151 |
| 2021 | $121,110 | +10.3% | $295,959 |
| 2022 | $138,227 | +14.1% | $340,014 |
| 2023 | $145,077 | +5.0% | $348,160 |
| 2024 | $148,165 | +2.1% | $359,751 |
| 2025 | $147,767 | −0.3% | $362,959 |
| September 2026 | $149,943 | +1.7% | $366,157 |
Current value of a Montgomery home bought in any year
For a typical home, this is an index-based estimate, not an appraisal.
The current value is September 2026, while each year's figure averages its twelve monthly index values. Additional tools: home appreciation calculator.
Are you considering selling? Compare local agents through Realtor.com. Advertising disclosure: a link such as this one may pay the site, and no figure here changes because of it. Disclosure.
Montgomery housing market forecast
Over the 12 months from September 2026, Zillow's forecast calls for +2.0% in the Montgomery, AL metro, and it adds +0.3% for the three months ahead. Montgomery's typical value stands at $149,943, so the forecast would put it near $152,900 after a year.
This forecast restates Zillow's central estimate for the metro; the site does not publish its own forecast. This kind of forecast covering 12 months has typically differed from the realised change by several percentage points, either above or below it. This is not investment advice.
See forecasts for every metro in one table: housing market forecast.
Montgomery housing market crash risk score
Low, 17 of 100
The score assesses how Montgomery ranks against the 292 cities based on five conditions that reached high levels before earlier price falls. Every input is compared with the other cities on a scale from 0 to 100, then all five scores receive equal weight in the average. The score shows current conditions and does not predict a crash.
| Input | Value | Sub-score | Weight |
|---|---|---|---|
| Active listings vs 2019 | −11.6% | 27 | 20% |
| Time on the market vs 2019 | −13.0% | 18 | 20% |
| Price-to-rent ratio | 9.6 | 4 | 20% |
| Price-to-income ratio | 2.5 | 1 | 20% |
| 12-month price change | +1.7% | 37 | 20% |
This is not investment advice. Find out how the inputs are scored: scoring method. See all 292 ranked cities: city crash risk.
Homes for sale and market times in Montgomery
In September 2026 the Montgomery, AL metro listed 1,388 homes for sale, up 6.6% from a year earlier and down 11.6% from the same month in 2019. The median sale time for a listing was 67 days, which was −13.0% against 2019; 18.4% of listings received a price cut.
| Montgomery, AL metro, September 2026 | Value | On a year |
|---|---|---|
| Active listings | 1,388 | +6.6% |
| New listings | 436 | |
| Median days on market | 67 | −0.8% |
| Median list price | $275,575 | −4.0% |
| Share with a price cut | 18.4% |
Metro inventory comes from Realtor.com® Economic Research. Realtor.com data Check the days on market by city figures for every metro.
Living costs and rent levels in Montgomery
Montgomery's typical asking rent is $1,305 a month according to the Zillow Observed Rent Index, which is 2.4% higher than a year earlier. The cost of a typical home equals 9.6 years of that rent. Census ACS 2024 reports median household income of $59,292; the typical home costs 2.5 times a year's income. For the metro, BEA sets prices at 89.7 compared with the US average of 100, while housing costs stand at 64.3.
Additional Alabama housing markets
- Huntsville: $286,952.
- Mobile housing $196,696.
- Birmingham housing $134,165.
- Tuscaloosa housing $243,681.
State overview: Alabama housing market.
How to read the chart
Each point represents the Zillow Home Value Index for Montgomery. This index gives a typical home's value in the market's middle third, in that month's dollars, with smoothing and seasonal adjustment. The hollow dot identifies the month selected on the slider, while the terracotta dot marks the latest month. These figures do not account for inflation, and the index tracks a typical home rather than any one house: use the card above it or the appreciation calculator to find a single home's value from its sale price.