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Foreclosure Homes in Montgomery, AL

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Montgomery, AL Foreclosures

Current Market Conditions in in Montgomery, AL As of April 2026?
In the past month, Montgomery has seen a slight increase in home sales, indicating a competitive market despite ongoing economic fluctuations. Homes that are well-priced and in good condition are selling quickly, often receiving multiple offers. The average time on market has decreased as buyers are eager to capitalize on the lower interest rates before potential increases later in the year. Overall, the local market is reflecting a healthy balance of demand and supply, encouraging more sellers to list their homes while buyers remain motivated.
How much do homes sell for in Montgomery, AL?
The average home price is currently $223,620.
In Montgomery, AL, how many homes are available?
There are currently 2,092 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 $54,375,548.
What is currently the cheapest priced home in Montgomery, AL?
The cheapest home for sale in Montgomery is priced at $10,020.

Living in Montgomery, AL

Montgomery, AL, is a vibrant city with a rich historical legacy, flourishing arts, and dedicated community life. It features numerous parks and recreational areas, excellent educational institutions, and a diverse culinary scene. With its southern charm and sense of community, it’s an excellent city for individuals and families alike.

Buyer vs Seller Market in Montgomery, AL

The real estate market in Montgomery is currently experiencing a steady uptick in interest, fueled by an influx of new residents and businesses. As more people recognize the quality of life and affordability in this southern city, home prices are steadily rising, though they remain lower than the national average, making it appealing to first-time buyers and investors alike.

Rental properties are in demand, especially near the downtown area which is seeing rejuvenation and development. As young professionals and families seek out affordable living with proximity to jobs and cultural opportunities, rental prices are likely to follow the trend of the sales market.

Home Value Estimator For Montgomery, AL

There are currently 74,243 real estate properties in Montgomery, AL, with a median automated valuation model (AVM) price of $145,136.00. 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 $223,620.00, with the most expensive house in Montgomery, AL, topping out at $54,375,548.00 and the cheapest home in Montgomery, AL, clocking in at $10,020.00. 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 Foreclosures


Market Trend for Montgomery, AL

Total Listings Available: 2,092

Market Values:

Home Prices from $10,020 to $54,375,548

Average Sales Price: $223,620

Rental Values:

Rental from $450 to $3,640

Average Rent Value: $1,173 / month

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