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Foreclosure Homes in Montgomery, AL 36104

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Montgomery, AL Foreclosures

How much do homes sell for in Montgomery, AL?
The average home price is currently $228,751.
In Montgomery, AL, how many homes are available?
There are currently 72 active home listings available in Montgomery.
What’s the average rental cost in Montgomery, AL?
The average rental price in Montgomery is $1,173.
What is the most expensive home in Montgomery?
The most expensive home sold in Montgomery had a price of $55,780,764.
What is currently the cheapest priced home in Montgomery, AL?
The cheapest home for sale in Montgomery is priced at $10,001.

Living in Montgomery, AL

Montgomery, AL is a city rich in history and culture, serving as the capital of Alabama. With diverse neighborhoods, excellent schools, and a range of recreational opportunities, it attracts families and professionals alike. The city is also known for its vibrant arts scene, local festivals, and strong community spirit.

Current Market Conditions in Montgomery, AL

Montgomery has seen a steady demand for homes in recent years, characterized by stable prices and a relatively low inventory. The city offers a mix of traditional and contemporary homes, catering to various buyer preferences from first-time homebuyers to retirees looking for more modern amenities.

Currently, there is a growing trend towards suburban living as families seek larger homes and more outdoor space. This has led to an increase in new construction projects, especially in the surrounding neighborhoods.

Home Value Estimator For Montgomery, AL

There are currently 74,229 real estate properties in Montgomery, AL, with a median automated valuation model (AVM) price of $149,828.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Montgomery, AL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Montgomery, AL, is $228,751.00, with the most expensive house in Montgomery, AL, topping out at $55,780,764.00 and the cheapest home in Montgomery, AL, clocking in at $10,001.00. In other words, there’s something for every potential homebuyer or savvy investor in Montgomery, AL!

Rent Prices In Montgomery, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Montgomery, AL, is on a rollercoaster ride. The average rent price in Montgomery, AL, is $1,173.00. Indeed, when looking to rent in Montgomery, AL, you can expect to pay as little as $450.00 or as much as $3,640.00, with the average rent median estimated to be $1,180.00. The good news is that finding an affordable and desirable property to rent in Montgomery, AL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Montgomery, AL 36104 Foreclosures

Market Trend for Montgomery, AL

Total Listings Available: 72

Market Values:

Home Prices from $10,001 to $55,780,764

Average Sales Price: $228,751

Rental Values:

Rental from $450 to $3,640

Average Rent Value: $1,173 / month

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