Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$163,380+1.8% YoY · prices are rising
Market right nowBalanced marketMore homes for sale than last year, 16% have cut their price
Income needed to buy, per year$35,417About 0.6× the local median income ($61,102): affordable for a typical household
Days on market75 daysAbout the same pace as a year ago
Next 12 months+2.0%Zillow expects prices to rise slightly
The typical home in Montgomery County, AL is worth $163,380, up 1.8% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $171,120, so the area is 4.5% undervalued. It is a balanced market: homes take about 75 days to sell, listings are up 5% from a year ago, 16% of listings have had a price cut. Zillow expects prices to rise about 2.0% over the next year. A household needs about $35,417 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $61,102. Typical rent is $1,330 a month, or $1,414 for a house. In the latest IRS figures, 2,065 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$163,380
Change in 1 year
+1.8%
Overvalued %
−4.5%
Show 7 more
Fair home value
$171,120
Change in 5 years
+20.4%
Zillow forecast, next 12 months
+2.0%
Home value to income
2.7×
Monthly mortgage payment (20% down)
$885
Income needed to afford it
$35,417
Property tax rate
0.41%
Rent and investing
Typical rent
$1,330
Typical rent for houses
$1,414
Price-to-rent ratio
10.2×
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HUD Fair Market Rent, 2 bedrooms
$1,150
Gross rental yield
9.77%
Cap rate (estimate)
6.35%
Market activity
Listings vs a year ago
+4.9%
Days on market
75
Listings with a price cut
16.5%
Show 3 more
Homes for sale
943
Pending sales per 100 listings
36
Asking price per sq ft
$115
People and jobs
Median household income
$61,102
Population change (1 year)
+0.0%
Unemployment rate
5.9%
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Population
225,891
Income adjusted for cost of living
$68,118
Net moves in (IRS)
−2,065
Cost of living (US = 100)
89.7
Schools, risk and environment
School rating (1 to 10)
3.5
FEMA hazard risk score (0 to 100)
91.8
Unhealthy air days a year
0
Show 4 more
Flood risk score
94.1
Wildfire risk score
51.6
Walkability (1 to 20)
11.5
Road, rail and air noise
55 dB
Questions people ask
Is Montgomery County, AL overvalued?
Home prices in Montgomery County, AL are slightly below what local incomes have historically supported: fair value is about $171,120, so the area is 4.5% undervalued.
Is Montgomery County, AL a buyer's or seller's market?
Montgomery County, AL is a balanced market: homes take about 75 days to sell, listings are up 5% from a year ago, 16% of listings have had a price cut.
Are home prices going down in Montgomery County, AL?
Home values in Montgomery County, AL are up 1.8% over the last year. Zillow's forecast for the next 12 months is +2.0%.
How much do you need to earn to buy a home in Montgomery County, AL?
A household needs about $35,417 a year to afford the typical home in Montgomery County, AL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $61,102.