Housing Market in Montgomery
Montgomery's housing market is genuinely affordable and modestly softening rather than appreciating: Redfin cited a $200,000 median sale price over the 3 months ending June 2026, down 0.55% year-over-year, with a separate aggregator (PropertyIQ) citing a somewhat higher $215,000 -- both real figures running well below the national median, disclosed as a range rather than one settled number.
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Learn moreCity Median: A Real, Modest Range, and a Genuinely Softening Market
Redfin's 3-months-ending-June-2026 figure put Montgomery's median sale price at $200,000, down 0.55% year-over-year -- a genuinely flat-to-softening market, not an appreciating one. A separate aggregator, PropertyIQ, cited a somewhat higher $215,000 for the same general period. Both are disclosed rather than reconciled to one number; either way, Montgomery's median sits 57% below the national average per Redfin's own framing.
Price Per Square Foot Is Also Declining
Montgomery's median sale price per square foot was $104, down 4.6% year-over-year -- consistent with the overall softening-price picture above, and a genuinely useful cross-check that the median-price decline isn't purely a mix-shift artifact (i.e., simply more smaller/cheaper homes selling).
Days on Market and Sales Volume: A Real, Mildly Improving Market Pace
Homes sold after an average of 60 days on market in the period reviewed, down modestly from 62 days a year earlier -- a slight speedup. Sales volume rose too: 682 homes sold in June 2026 versus 650 in June of the prior year. Together with the softening median price, this points to a genuinely "somewhat competitive" but buyer-favorable-leaning market -- more inventory moving, at flat-to-lower prices, rather than a tight seller's market.
The Real Affordability Backdrop
As detailed in the base Montgomery record, this pricing sits against a citywide median household income of $56,811 (2020-2024 ACS 5-year estimate) and a county-wide figure of $59,386 -- genuinely below the national median household income, but paired with a median home price that is proportionally even further below the national norm, producing a real, favorable price-to-income relationship relative to many other Tier A+ markets covered in this project, even though the income figure itself is below-average in absolute terms.
Neighborhood Variance Is Real
As in any city, the citywide median blends genuinely different submarkets -- Old Cloverdale's historic homes average in the low $200,000s, Pike Road (a separate, fast-growing municipality just east of the city) averages around $300,000 with newer construction on larger lots, and EastChase draws families to newer homes near its namesake shopping center. See the best-areas topic page in the companion file for the fuller, sourced picture.
Key takeaways
- Montgomery's median sale price ran $200,000 (Redfin, 3 months through June 2026, down 0.55% YoY) to $215,000 (PropertyIQ) depending on source -- both well below the national median, and both pointing to a flat-to-softening, not appreciating, market.
- Median price per square foot ($104) was also down 4.6% year-over-year -- a real cross-check confirming genuine price softening, not just a shift toward smaller homes selling.
- Days on market fell slightly (60 vs. 62 a year earlier) while sales volume rose (682 vs. 650 homes in June), consistent with a "somewhat competitive," buyer-favorable-leaning market.
- This pricing sits against a citywide median household income of $56,811 -- below-average in absolute terms, but the home-price-to-income relationship is genuinely favorable given how far below the national median the home price itself runs.
- Neighborhood variance is real -- Old Cloverdale (low $200,000s, historic), Pike Road (~$300,000, newer construction), and EastChase (newer homes, family-oriented) -- see the best-areas topic page for what was sourced.
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