Montgomery, AL metro area Housing Market
Cold MarketComprehensive housing market data for the Montgomery, AL metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: January 2026
Median Sale Price
$254K
↓ 0.4% YoY
Days on Market
81 days
↑ 11.0% YoY
Active Inventory
1,460
↑ 0.8% YoY
Homes Sold
266
↓ 2.2% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Montgomery, AL metro area Market Summary
The Montgomery, AL metro area housing market is cooling down. As of January 2026, the median home sale price is $254K, down 0.4% year-over-year. Homes are spending a median of 81 days on the market, 11.0% longer than a year ago.
There are 1,460 homes for sale — 0.8% more than last year. With 5.5 months of supply, this is a balanced market. 490 new listings were added during this period, up 15.0% year-over-year.
Homes are selling for 96.5% of their list price on average, suggesting room for negotiation. 13.9% of homes sell above their asking price. 19.9% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
81
Contributing Factors
How This Market Compares
vs. National Median
vs. Alabama Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. Prices are 40% below the national median, which could indicate stronger cash flow potential.
Montgomery, AL metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Sale-to-List Ratio
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$275K
Price per Sq Ft
$139
Sale-to-List Ratio
96.5%
Months of Supply
5.5
Sold Above List
13.9%
Price Drops
19.9%
New Listings
490
↑ 15.0% YoY
Pending Sales
421
Off Market in 2 Weeks
29.0%
Other Markets in Alabama
Birmingham, AL metro area
$275K · 82d on market
Huntsville, AL metro area
$329K · 93d on market
Daphne, AL metro area
$383K · 104d on market
Mobile, AL metro area
$227K · 62d on market
Tuscaloosa, AL metro area
$286K · 55d on market
Auburn, AL metro area
$375K · 59d on market
Florence, AL metro area
$247K · 63d on market
Decatur, AL metro area
$220K · 71d on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.