Montgomery Real Estate & Homes for Sale in Montgomery Alabama


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Homes for Sale in Montgomery

Montgomery Real Estate & Homes for Sale in Alabama

The City of Montgomery serves as the state capital of Alabama as well as the seat of Montgomery County. Located in the southeast region of Alabama, Montgomery is the second largest city in the state just after Birmingham. Currently, over 205,000 people are proud to call this city home. Montgomery's real estate market currently includes a variety of listings for single-family homes at affordable price points along with new construction, townhomes and condominiums, as well as some riverfront property.

Well known sites of interest in Montgomery include Maxwell-Gunter Air Force Base, which is a major hub for computer systems and is the headquarters for Air University. As such, many military personnel, active and retired members of the military along with their families reside in Montgomery. Aside from the military base, Montgomery is also the home of several well renowned colleges and universities, both in the public and private sectors. Alabama State University and Troy University are among some of the many campuses found within the Montgomery region.

Recreationally, residents have access to a number of trails, parks and open spaces, as well as nearby golf courses. And as a fairly large city, Montgomery is home to quite a few cultural institutions, music venues and museums that will pique the interests of residents.

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Montgomery AL Real Estate Info: Prices of Homes for Sale in Montgomery AL

Montgomery, Alabama's single-family homes are priced starting from $100,000 to upwards of $2 million with antebellum estates, mansions and custom built stunners anchoring the higher end of the pricing spectrum. Many newly built homes can be found in the $100,000 range, as well as charming brick bungalow homes, traditional homes and Colonial style properties. Montgomery also has a terrific selection of townhomes and condominiums throughout the city with prices ranging between $115,000 for a 2 bedroom/2 bathroom unit and $435,000 for a 4 bedroom/4.5 bathroom condo. Now is the time for future homebuyers to invest in real estate in Montgomery, AL.

Montgomery Real Estate Stats and Trends for the week of April 20th, 2020: homes priced around $158,254 compared to $158,254 the previous week, to remain steady with no change in listing price.  For Monday, April 20th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.