Homes for Sale Under 450K in Montgomery, AL

1,394 Homes for Sale

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Montgomery, AL Housing Market Overview

Montgomery is a balanced market, giving buyers and sellers room to negotiate. With 5.4 months of supply and homes averaging 76 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

76

Inventory

946

Sep 2021Jun 2024Sep 2026

Median Home Price

$201,000Down 0.74%

In Sep 2026 · YoY

Sep 2021Jun 2024Sep 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
946 Down 8.51%
Newly Listed Homes
835 Down 6.91%
Months of Supply
5.4 Up 5.88%

Housing Demand

Homes Sold
526 Down 14.33%
Sale-to-List Ratio
96.3% Up 0.25%
Homes Sold Above List
13.9% Down 5.63%

30-yr fixed rate 6.23% · Data as of Sep 2026 · Source: Houzeo Research.

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  • mls-img
    Based on information from the Montgomery Area Association of REALTORS® through Oct 9, 2026, 12:00 PM. Information is deemed reliable, but not guaranteed. 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. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Copyright 2026 Multiple Listing Service of the Montgomery Area Association of REALTORS®. All Rights Reserved.
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Montgomery, AL Housing Marketlink qauare
Homes Available icon

1,394

Homes Available

Median List Price icon

$ 201,000

Median List Price

Avg on Market icon

76 Days

Avg on Market

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