Montgomery Housing Market Report May 2025•Montgomery County, Alabama

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Housing Prices in Montgomery, AL

How much do homes in Montgomery, AL cost?

Housing Market Conditions

Is Montgomery, AL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Montgomery is a Neutral Market

Difference Since May 2024

At the same time last year, Montgomery was a Seller's Market.

Insight

Montgomery is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$189,934$106/SqFt
+$14,848
+8.5%

Based on all homes sold in the last 12 months

Insight

Homes in Montgomery have sold for 8.5% more than they did a year ago.

Summary: The median home sold price in Montgomery was $189,934 in May 2025, up 8.5% from last year, and the median price per square foot was $106.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Montgomery
+8.5%
Hope Hull
-1.1%
Mount Meigs
-4.9%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2024May 2025Change YoY
1$150K$35K
-76.7%
2$85K$105K
+23.5%
3$149.4K$161.3K
+8.0%
4$267.8K$282.2K
+5.3%
5$375K$399K
+6.4%

Summary: Montgomery housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -76.7%. The home price for 2 bedroom homes increased by +23.5%. The home price for 3 bedroom homes increased by +8.0%. The home price for 4 bedroom homes increased by +5.3%. The home price for 5 bedroom homes increased by +6.4%.

How does Montgomery, AL compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Montgomery, AL

Housing supply in Montgomery, AL

How many homes are available in Montgomery, AL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
1,213Last MonthMay 2025
1,1572 months agoApr 2025
+4.8 %
Change MoMApr – May

Summary: The Montgomery real estate market had 1,213 homes for sale in May 2025, a 4.8 % increase compared to Apr 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
177Last MonthMay 2025
2252 months agoApr 2025
-21.3 %
Change MoMApr – May

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
143
-25.0%
2104103
-1.0%
3572608
+6.3%
4375386
+2.9%
5102113
+10.8%

Summary: Montgomery housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -25.0%. The inventory for 2 bedroom homes decreased by -1.0%. The inventory for 3 bedroom homes increased by +6.3%. The inventory for 4 bedroom homes increased by +2.9%. The inventory for 5 bedroom homes increased by +10.8%.

Asking Price vs. Sold Price

How much do homes in Montgomery, AL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price29 Homes

At Asking Price46 Homes

Under Asking Price102 Homes

Insight

If you're buying a home in Montgomery, you may be able to get a good deal. 57.6% of homes here sold below asking price last month.

Summary: A total of 177 homes were sold or pending in Montgomery in May 2025, down by 21.3% month-over-month. Of the 177 sold homes, 58% were sold under asking, 26% were sold at asking, and and 16% were sold over asking.

Days on Market for Montgomery, AL

How long does it take to sell a home in Montgomery, AL?

Breakdown of Home Sale Times

Under 30 Days50 Homes

30 – 90 Days78 Homes

Over 90 Days49 Homes

Insight

Avg time on Rocket Homes in Montgomery has remained consistent over time.

Summary: During May 2025, 177 homes were sold in Montgomery; 28% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
78 DaysThis YearMay 2025
74 Days1 year agoMay 2024
+5.5 %
Change YoYMay 2024 – May 2025

Summary: Homes in Montgomery had an average listing age of 78 days in May 2025, up by 5.5% compared to the previous year.

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Newest Listings in Montgomery, AL

What homes are available in Montgomery, AL?

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Nearby markets

Popular Cities with Homes for Sale in Alabama

MLS Disclaimers and Copyright

Based on information from Montgomery Area Association of Realtors MLS, Greater Alabama MLS, Lake Martin Area Association of REALTORS® MLS, Lee County MLS, and Columbus Board of REALTORS MLS for the period 06/01/2023 - 06/01/2025

IDX Listing Information Copyright 2025 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS®, Inc. All rights reserved. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information being provided is for consumers personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than this broker are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/10/2025, 4:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Greater Alabama Multiple Listing Service, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the content is not guaranteed accurate by the MLS. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified. The Greater Alabama Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Copyright© 2025 Greater Alabama Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/10/2025, 4:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Information is deemed to be reliable, but is not guaranteed. © 2025 Lake Martin Area Association of REALTORS®. Prepared by Lake Martin Area Association of Realtors. The information on this sheet has been made available by the MLS and may not be the listing of the provider. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/10/2025, 4:45:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Listing information provided in part by the Lee County Association of REALTORS® for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © Lee County Association of REALTORS® 2024. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/10/2025, 4:45:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of The Columbus Board of Realtors. Detailed information on Real estate listings held by firms other than this broker includes the Listing Brokers Firm Name. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/10/2025, 4:45:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.