Is Montevallo, AL 35115 a buyer’s or seller’s market?
Montevallo is a balanced market. With about 4.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 41% of U.S. ZIP codes, and #76 of 249 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Montevallo housing market right now
In the three months ending August 31, 2026, 23% of homes in Montevallo, AL 35115 sold above their list price, the typical home went under contract in 52 days and there were 4.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 41 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 14%, homes sold faster (59 days then) and the median sale price rose 2% to $269,833. Overall, Montevallo is more competitive than a year ago, so tougher for buyers.
Within Shelby County, homes here sell faster than in 53% of the county’s ZIP codes, and sell less often over asking than in 53%. On our competition score, Montevallo ranks #76 of 249 AL ZIP codes with enough sales (score 41 out of 100).
Nearby, buyers who want less competition could look at Vandiver 35176 (0% sold over asking) or Shelby 35143 (0% sold over asking), while Vincent 35178 (33% sold over asking) and Birmingham 35244 (31% sold over asking) are even more competitive.
Run the numbers for 35115
Nearby markets
Alabaster 35007Seller’s market $158 /sq ftBirmingham 35242Seller’s market $198 /sq ftBirmingham 35244Seller’s market $176 /sq ftCalera 35040Balanced $160 /sq ft Browse all markets →Towns like Montevallo nearby
Find towns like Montevallo in other states →Where Montevallo is
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Questions about Montevallo real estate
Is Montevallo a buyer’s or seller’s market?
A balanced market: there were 4.6 months of supply in Montevallo, AL 35115 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Montevallo?
The typical home went under contract in 52 days in the latest three months.
Do homes in Montevallo sell over asking?
23% of homes sold above their original list price, and the typical sale closed at 98.6% of the list price.
What are property taxes in Montevallo?
About 0.44% of a home’s value a year in Shelby County, or roughly $1,760 on a $400,000 home.
What is the median home price in Montevallo?
The median sale price was $269,833 in the three months ending August 31, 2026, about $151 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology