Market Intelligence Report — AL-860

Montgomery, AL

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-AL-09
As of the latest 2026 data
Stabilizing

Median Listing

$276K
-4.0% YoY

Pending Ratio

0.45
-2.7% YoY

Active Inventory

1,388
+6.6% YoY

Median DOM

67 Days
-0.8% YoY

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The Montgomery housing market is characterized as Stabilizing, with a pending ratio of 0.45. While active listings have increased by 6.6% year-over-year, overall demand remains moderate, reflected in the pending ratio.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

3.8%+0.7 pp YoY

Unemployment rate · Sep 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

388,747+0.2% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Montgomery market right now.

Active listings have expanded by 6.6% over the past year, reaching 1,388, even as new listings saw an 8.0% contraction year-over-year. The median listing price declined by 4.0% year-over-year, alongside a 1.8% decrease in median price per square foot. Pending listings stand at 621, with the pending ratio experiencing a modest 2.7% decline compared to the previous year, indicating a relatively steady demand absorption rate within the current supply environment.

Historical Analysis

Market Trends

Median Price

$276K-1.2% MoM

Active Inventory

1,388+6.6% YoY

Days on Market

67-0.8% YoY

Sold Score™

59-2.7% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

59
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With the pending ratio at 0.45, the pace of demand absorption is moderate. The increase in active listings suggests some pressure on inventory, which may encourage greater price discipline from sellers. Negotiating leverage is balanced, as neither supply nor demand is overwhelmingly dominant.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

1,388 active listings represent the current floor, with new supply arriving at roughly 436 per month.

Pricing Pressure
18.4%

of active listings carry a price reduction, +0.5% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -1.8% year-over-year.

Absorption
0.45

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in Montgomery, AL? Buyer Demand Index is running at 45%.

Montgomery, AL is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
45%
Median Days on Market
67 days
Inventory YoY
+7%

Montgomery, AL is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
Montgomery, AL
CBSA Code
33860
State
AL

ZIPs in Montgomery, AL

Sorted by active inventory · click a ZIP for its full report