Montevallo, AL
Housing market overview · Updated weekly
$297,500median sale price
Homes sold
4
Last 12 weeks
Days on market
169
Average pace
Active listings
27
6.8 months supply
Sale-to-list
99.5%
Below asking
The Montevallo housing market is currently classified as a buyer's market with a median sale price of $297,500. Prices have risen 5.6% compared to last year, with homes spending an average of 169 days on market, indicating 6.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Montevallo?
The median home sale price in Montevallo is $297,500, up 5.6% from last year.
How long do homes stay on market in Montevallo?
Homes typically spend 169 days on market before going under contract.
Is Montevallo a buyer's or seller's market?
With 6.8 months of supply, Montevallo is currently a buyer's market.
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