Montgomery County, Alabama home prices
Typical home $163,380 · +1.8% in a year · property tax 0.41%
The typical home in Montgomery County is worth $163,380, 32% less than the Alabama typical home ($238,614). Values changed +1.8% in the past year and +20.4% over five years. Homeowners here pay a median 0.41% of their home's value in property tax each year ($667 on the typical home), versus 0.38% statewide.
Mortgage on the typical Montgomery County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $32,676 | $130,704 | $879 | $0 | $137 | $1,017 | $43,600 |
| 10% down | $16,338 | $147,042 | $989 | $61 | $137 | $1,188 | $50,900 |
| 5% down | $8,169 | $155,211 | $1,044 | $65 | $137 | $1,246 | $53,400 |
| 3.5% down (FHA) | $5,718 | $160,421 | $1,079 | $72 | $137 | $1,289 | $55,200 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.41% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Alabama · part of the Montgomery metro area.
Alabama counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Washington County | $163,494 | +0.8% | 0.23% |
| Geneva County | $165,106 | +2.8% | 0.34% |
| Dale County | $161,405 | +1.9% | 0.32% |
| Pike County | $161,037 | -2.9% | 0.27% |
| Walker County | $161,006 | +3.3% | 0.26% |
| Marion County | $159,195 | +0.7% | 0.28% |
| Calhoun County | $170,425 | +4.4% | 0.42% |
| Barbour County | $156,274 | +6.2% | 0.41% |
| Franklin County | $175,986 | -1.8% | 0.32% |
| Clay County | $176,684 | +6.1% | 0.21% |
Frequently asked questions
What is the average home price in Montgomery County, AL?
The typical home value in Montgomery County is $163,380 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Montgomery County?
About $43,600 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Montgomery County?
The median effective rate is 0.41% of home value a year (Census ACS 2024 5-year estimates).