Montgomery County, Alabama Housing Market
In Montgomery County, Alabama, the median home value is $171,900, with a median monthly rent of $1,092. This places Montgomery County at #1762 nationally out of 3134 counties by median home value, and #22 within Alabama.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,161
- Establishments: 6,998
- BLS QCEW, 2025
Housing Supply
- Single-family: 465
- Multi-family: 264
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 82,800 (avg $72,340)
- Outflow: 79,554 (avg $72,646)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 9 active ZIP codes in Montgomery County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 36107 | 175.0 | +22.70% | 2025 |
| 2 | 36064 | 156.9 | -9.41% | 2025 |
| 3 | 36104 | 160.7 | — | 2025 |
| 4 | 36105 | 119.2 | — | 2025 |
| 5 | 36116 | 154.3 | +6.21% | 2025 |
| 6 | 36117 | 166.2 | +4.73% | 2025 |
| 7 | 36109 | 158.5 | -2.78% | 2025 |
| 8 | 36111 | 138.1 | +3.48% | 2025 |
| 9 | 36106 | 142.2 | -2.55% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
🔗 Explore Montgomery County on Our Sister Sites
Get the complete picture for Montgomery County — financing options and ongoing ownership costs.
💰 Mortgage Guide → 🧾 Property Tax Data →How Montgomery County Compares
| Metric | Montgomery County | Alabama Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $171,900 | $159,659 | $227,706 |
| Median Gross Rent | $1,092 | $820 | $968 |
| Owner Occupancy Rate | 57.8% | 73.2% | 73.3% |
| Price/Rent Ratio | 13.1 | 16.0 | 18.7 |
Market Analysis
The median home value in Montgomery County is 7.7% above the Alabama state average and 24.5% below the U.S. national average. The median rent of $1,092/month is 33.2% above the state average.
With a price-to-rent ratio of 13.1, buying a home in Montgomery County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Montgomery County has an owner-occupancy rate of 57.8%, compared to 73.2% in Alabama and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Jersey County | Illinois | $171,900 | $846 |
| Henderson County | Kentucky | $171,900 | $777 |
| Montgomery County | Indiana | $171,800 | $858 |
| Trimble County | Kentucky | $172,000 | $863 |
| Schuyler County | New York | $171,800 | $899 |
Other Counties in Alabama
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Lawrence County | $172,300 | $753 | 81.7% |
| Colbert County | $171,000 | $887 | 71.3% |
| Blount County | $175,200 | $776 | 81.0% |
| Etowah County | $167,100 | $847 | 73.9% |
| Russell County | $165,700 | $939 | 61.3% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).