Is Montgomery, AL 36104 a buyer’s or seller’s market?
Montgomery is a buyer’s market. With about 10.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 2% of U.S. ZIP codes, and #250 of 254 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 July 31, 2026. See the breakdown
The Montgomery housing market right now
In the three months ending August 31, 2026, 0% of homes in Montgomery, AL 36104 sold above their list price, the typical home went under contract in 91 days and there were 10.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 8 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 5%, homes sold faster (103 days then) and the median sale price rose 47% to $183,371. Overall, Montgomery is about as competitive as it was a year ago.
Within Montgomery County, homes here sell more slowly than in 85% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Montgomery 36116 (16% sold over asking) and Montgomery 36111 (14% sold over asking) are even more competitive.
Run the numbers for 36104
Nearby markets
Cecil 36013Seller’s market $214 /sq ftGrady 36036 — /sq ftMathews 36052Seller’s market $235 /sq ftMontgomery 36105Buyer’s market $42 /sq ft Browse all markets →Towns like Montgomery nearby
Find towns like Montgomery in other states →Where Montgomery is
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Questions about Montgomery real estate
Is Montgomery a buyer’s or seller’s market?
A buyer’s market: there were 10.4 months of supply in Montgomery, AL 36104 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 Montgomery?
The typical home went under contract in 91 days in the latest three months.
Do homes in Montgomery sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.7% of the list price.
What are property taxes in Montgomery?
About 0.41% of a home’s value a year in Montgomery County, or roughly $1,640 on a $400,000 home.
What is the median home price in Montgomery?
The median sale price was $183,371 in the three months ending August 31, 2026, about $104 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