Market Overview
Home Prices in Montevallo, AL
The median home value in Montevallo, AL is $252,155 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.8% compared to a year ago and down 1.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Montevallo are priced38% below average. Montevallo is part of the Birmingham-Hoover, AL metro area.
Over the past five years, Montevallo home values have risen by approximately16.6%, reflecting steady appreciation in this market.
Price History
Montevallo Home Price Trend
City Comparison
Montevallo vs. National Median
At $252,155, homes in Montevallo cost 38% below the national median of $410,000. This makes Montevallo a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Montevallo?
20% Down Payment
$50,431
on $252,155
Monthly P&I
$1,315/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,670/mo
incl. taxes & insurance
Income Needed
$66,800
gross annual (30% rule)
10% Down Option
$25,216
+ PMI applies
Loan Amount (20% dn)
$201,724
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Montevallo, AL?
The median home value in Montevallo is $252,155 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.8% year-over-year.
How much have home prices changed in Montevallo?
Over the past year, home values in Montevallo have increased by 2.8%. Over five years, prices have risen approximately 16.6%.
How much do I need to earn to buy a home in Montevallo?
To comfortably afford the median home price of $252,155 with a 20% down payment ($50,431) at today's rates (6.8%), you'd need a gross annual income of approximately $66,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Montevallo compare to the national average home price?
The national median home value is approximately $410,000. At $252,155, homes in Montevallo are 38% below the national average.
What metro area is Montevallo part of?
Montevallo is part of the Birmingham-Hoover, AL metropolitan area. Home prices and market conditions can vary across the broader metro region.