Sep 2026
$273K
+3.0% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Montgomery, AL housing market
Montgomery, AL metro median sale price $273K in Sep 2026, up 3.0% year over year. Also days on market, price cuts, affordability and ZIP-code figures.
The median sale price in the Montgomery, AL metro is $273K as of Sep 2026, up 3.0% from a year earlier. That change sits near the middle of the 383 U.S. metros Pecan Street ranks on this measure. FHFA's repeat-sales index for the metro shows a larger change, up 6.0% through Q2 2026, 3.0 points apart; Price reconciliation below shows both.
On median sale price, Montgomery ($273K) ranks 6th of the 12 Alabama metros Pecan Street tracks, between Tuscaloosa ($293K) and Decatur ($261K). On median days on market, Montgomery (67 days) ranks 6th of the 12 Alabama metros, between Florence (69 days) and Auburn (66 days). On share of listings with a price cut, Montgomery (32%) ranks 9th of the 12 Alabama metros, between Anniston (32%) and Tuscaloosa (29%).
Listings spent a median 67 days on market in Sep 2026, more than in most of the 385 metros. 32% of active listings carry a price cut, 1.0 points fewer than a year earlier. That share is lower than in most of the 385 metros. Median asking prices sit about 1% above the median sale price.
At the 7.29% 30-year fixed rate with 20% down, principal and interest on a median-priced home come to $1,496 a month; at 28% of gross income, that takes about $64K a year. The median sale price equals about 15 years of HUD Fair Market Rent, a ratio down 9.0% from a year earlier. Active listings ask a median $129 per square foot, down 2.5% from a year earlier.
Median list prices are higher than a year earlier in six of the 12 ZIP codes in the table below and lower in six.
Headline
Oct 15, 2026
7.29%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$1,496/mo
$64K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Montgomery compares to other U.S. metros
| Asking-vs-sale gap | ↓232nd of 292 |
|---|---|
| Days on market | ↑99th of 385 (top 26%) |
| Price cuts | ↓281st of 385 |
| Home-price growth | 168th of 383 (top 44%) |
| Price-to-rent | 183rd of 373 (top 50%) |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 15 -9.0% YoY 183rd of 373 (top 50%) |
|---|---|
| Asking price / sq ft | $129 -2.5% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 32% -1.0 pts YoY ↓281st of 385 |
|---|
The median asking price $276K runs about 1% above the median sale price $273K.
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Sep 2026. Asking is the median list price of active listings (Realtor.com, this month); sale is the headline median of recent closings (Redfin, a rolling 3-month median) — distinct sources and windows, so the gap is a directional read, not a like-for-like difference. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 12 shown of 40 |
|---|---|
| MLS board of record | — |
| Price methodology | Redfin vs FHFA HPI |
| Data as of | Sep 2026 |
Recent signals
No signals flagged for this market right now.
Recent notable readings
- 436 new listings in September 2026: the fewest for any September in Realtor.com's Montgomery data since 2016. It is one of 24 of the 385 U.S. metros Pecan Street tracks to set that record.
- The FHFA house price index for the metro has risen 71% since Q1 2013: the 16th-smallest rebound of the 382 metros whose prices fell.
Readings from the latest data that sit at one end of the U.S. metros Pecan Street tracks, from the nightly cross-metro comparison. They are not signal alerts.
Price reconciliation
amber · 3.0ppRedfin (metro) +3.0% | FHFA HPI · Q2 2026 +6.0% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
More markets in AL
Get the daily version of this page
Public weekly reads vs. daily-refreshed signals + a branded share-queue + a per-agent newsletter. Free trial.
Try it freeZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 36064 | $446K↑ | 95↓ | 20↓ | 22↓ | 72↑ | $401K↑ |
| 36066 | $324K↓ | 50↓ | 38↓ | 28↓ | 47↑ | $293K↑ |
| 36067 | $287K↓ | 51↑ | 24↑ | 20↓ | 53↑ | $241K↑ |
| 36092 | $329K↓ | 58↑ | 18↑ | 10↑ | 43↓ | $236K↑ |
| 36093 | $418K↑ | 64↓ | 22↓ | 18↓ | 75↑ | $340K↑ |
| 36105 | $76K↑ | 45↓ | 8↓ | 16 | 65↓ | $42K↑ |
| 36106 | $240K↑ | 78↑ | 14↓ | 28↓ | 91↑ | $195K↑ |
| 36107 | $100K↑ | 47↑ | 10↑ | 8↑ | 67↓ | $67K↑ |
| 36109 | $169K↓ | 149↑ | 44↑ | 56↑ | 62↑ | $154K↑ |
| 36111 | $238K↓ | 69↓ | 10↑ | 24↓ | 82↓ | $152K↑ |
| 36116 | $209K↓ | 134↑ | 64↑ | 46↑ | 65↓ | $148K↑ |
| 36117 | $325K↑ | 236↑ | 74↓ | 72↓ | 73↑ | $254K↑ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.