Market Overview
Home Prices in Tallassee, AL
The median home value in Tallassee, AL is $196,794 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.5% compared to a year ago and up 2.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Tallassee are priced52% below average. Tallassee is part of the Montgomery, AL metro area.
Over the past five years, Tallassee home values have risen by approximately19.8%, reflecting steady appreciation in this market.
Price History
Tallassee Home Price Trend
City Comparison
Tallassee vs. National Median
At $196,794, homes in Tallassee cost 52% below the national median of $410,000. This makes Tallassee a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Tallassee?
20% Down Payment
$39,359
on $196,794
Monthly P&I
$1,026/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,303/mo
incl. taxes & insurance
Income Needed
$52,120
gross annual (30% rule)
10% Down Option
$19,679
+ PMI applies
Loan Amount (20% dn)
$157,435
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 Tallassee, AL?
The median home value in Tallassee is $196,794 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.5% year-over-year.
How much have home prices changed in Tallassee?
Over the past year, home values in Tallassee have increased by 3.5%. Over five years, prices have risen approximately 19.8%.
How much do I need to earn to buy a home in Tallassee?
To comfortably afford the median home price of $196,794 with a 20% down payment ($39,359) at today's rates (6.8%), you'd need a gross annual income of approximately $52,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Tallassee compare to the national average home price?
The national median home value is approximately $410,000. At $196,794, homes in Tallassee are 52% below the national average.
What metro area is Tallassee part of?
Tallassee is part of the Montgomery, AL metropolitan area. Home prices and market conditions can vary across the broader metro region.