Home Values

Montgomery Metro Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$119,200

  • -8.1% 1-year change
  • 1.1% 1-year forecast

The median home value in Montgomery Metro is $119,200. Montgomery Metro home values have declined -8.1% over the past year and Zillow predicts they will rise 1.1% within the next year. The median price of homes currently listed in Montgomery Metro is $159,500. The median rent price in Montgomery Metro is $775, which is lower than the Alabama median of $850.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Montgomery Metro is 3.7%, which is lower than the national value of 6.9%.

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Relative ZHVI
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Montgomery Metro Market Overview

Data through Oct 31, 2014
  • $119,200 ZHVI
  • 1.1% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Oct 31, 2015)
  • $159,500 Median listing price
  • No data Median sale price
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Montgomery Metro Market Health

Data through Oct 31, 2014
  • 1.6/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • 119 Average days on Zillow (Sep 30, 2014)
  • No data Homes with negative equity (17.0% US Avg)
  • 3.7% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

3.4 homes Alabama
4.5 homes United States
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Cities in Montgomery Metro

Name Median ZHVI
Pike Road $175,900
Hope Hull $146,600
Marbury $125,700
Name Median ZHVI
Montgomery $82,100
 
 

Listings & Sales

Data through Oct 31, 2014
  • $83 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 34.7% Listings with price cut
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Montgomery Metro Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $977 Montgomery Metro
    $981 Alabama
    $1,337 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • $775 Rent list price
  • $0.60 Rent list price / sq ft
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