Metro area index
Home appreciation in the Montgomery, AL metro area
FHFA HPI® data shows the Montgomery, AL metro area's all-transactions index changed +6.0% over the year to Q2 2026, versus +3.7% for Alabama and +3.0% for the U.S. That ranks 67th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +6.0%
- 5-year change
- +41.0%
- Since Q1 1995
- +132%
- Metro rank (1 year)
- 67th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Montgomery, AL vs Alabama and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Montgomery, AL: 232.3
- Alabama: 318.6
- United States: 391.6
Appreciation by time window
| Window | Metro | AL | U.S. | Gap vs AL | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +6.0% | +3.7% | +3.0% | +2.3 pts | +3.0 pts |
| 3 years | +14.1% | +14.0% | +12.9% | +0.2 pts | +1.3 pts |
| 5 years | +41.0% | +43.8% | +41.3% | −2.8 pts | −0.3 pts |
| 10 years | +64.0% | +88.8% | +93.3% | −24.8 pts | −29.4 pts |
| Since Q1 1995 | +132% | +219% | +292% | −86.3 pts | −159.2 pts |
3-digit ZIP regions in the Montgomery, AL area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 361 · Montgomery, AL area | AL | +1.3% | +30.5% | +84.8% | 100% |
| 360 · Prattville, AL area | AL | +5.5% | +45.2% | +184% | 54% |
Boom, bust, and recovery in Montgomery, AL area
Montgomery, AL area's index peaked in Q1 2008, fell 13.6% to its low in Q1 2013, and regained its peak in Q4 2020, about 12.8 years after the top. Today it sits +47.7% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q1 2008 | Q1 2013 | -13.6% | Q4 2020 (12.8 yrs) | +47.7% |
| AL | Q1 2009 | Q4 2013 | -10.4% | Q4 2017 (8.8 yrs) | +80.7% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Montgomery, AL area's index has changed +4.9% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | AL after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | +2.1% | -0.1% | -0.8% |
| 3 years | +9.8% | +3.9% | +3.8% | +2.8% |
| 5 years | +24.0% | +13.7% | +15.9% | +13.9% |
| 10 years | +39.1% | +17.9% | +35.7% | +39.0% |
| Since Q1 1995 | +121% | +4.9% | +43.9% | +76.8% |
If you bought in the Montgomery, AL area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +127% | $682,187 |
| Q2 2000 | +102% | $607,293 |
| Q2 2005 | +68.1% | $504,444 |
| Q2 2010 | +60.1% | $480,385 |
| Q2 2015 | +65.7% | $497,211 |
| Q2 2020 | +50.2% | $450,718 |
| Q2 2021 | +41.0% | $423,008 |
| Q2 2023 | +14.1% | $342,383 |
| Q2 2025 | +6.0% | $318,028 |
Frequently asked questions
- How much have home prices risen in the Montgomery, AL area?
- FHFA HPI® data for the Montgomery, AL metro area shows changes of +6.0% over one year, +41.0% over five years, and +64.0% over ten years to Q2 2026, and +132% since Q1 1995.
- Is the Montgomery, AL area beating the national average?
- Over the past year the metro's index moved +3.0 pts versus the U.S.; over five years the gap is −0.3 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.