MONTGOMERY Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Montgomery averaged 7% for the week of 2024-05-09, compared to the national average of 7.09% for the same period.

The average rate for the prior week (2024-05-02) was 7.33% and one month ago for the week of 2024-04-04, the average rate was 6.83%.

Montgomery's average rate one year ago was 6.6%.

For refis of the same type during the week of 2024-05-09, the average rate was 7.4%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-05-09 7.09%
Montgomery 30 Year Fixed Rate 2024-05-09 7%
Montgomery 30 Year Fixed Rate Refi 2024-05-09 7.4%
Montgomery 15 Year Fixed Rate 2024-05-09 7%
Montgomery 15 Year Fixed Rate Refi 2024-05-09 6.78%
Montgomery 30 Year FHA 2024-05-09 6.61%
Montgomery 30 Year FHA Refi 2024-05-09 6.99%
Montgomery 30 Year USDA 2024-05-09 6.89%
Montgomery 30 Year USDA Refi 2024-05-09 6.59%
Montgomery 30 Year VA 2024-05-09 6.71%
Montgomery 30 Year VA Refi 2024-05-09 6.79%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within MONTGOMERY, AL.

MONTGOMERY Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the MONTGOMERY, AL market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Trustmark National Bank 236 6.89% $4,515
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 139 7.01% $4,881
GUILD MORTGAGE COMPANY 126 6.91% $6,763
CROSSCOUNTRY MORTGAGE, LLC 103 6.70% $7,328
QUICKEN LOANS, LLC 82 6.75% $6,098
UNITED WHOLESALE MORTGAGE, LLC 80 6.96% $6,371
River Bank & Trust 74 6.82% $4,163
MAX Credit Union 72 6.69% $4,585
Renasant Bank 66 6.72% $5,120
Regions Bank 48 6.82% $4,800
PENNYMAC LOAN SERVICES, LLC 47 6.60% $4,884
MOVEMENT MORTGAGE, LLC 41 6.91% $6,007
Wells Fargo Bank 34 6.46% $3,717
Synovus Bank 32 6.73% $4,979
CMG MORTGAGE, INC. 29 6.72% $6,315
GMFS LLC 27 6.99% $3,648
UNION HOME MORTGAGE CORP. 22 6.97% $5,200
NAVY FEDERAL CREDIT UNION 18 7.39% $4,741
GUARANTEED RATE, INC. 16 6.53% $6,144
DHI MORTGAGE COMPANY, LTD. 15 5.80% $2,715
Truist 13 6.61% $3,441
LOANDEPOT.COM, LLC 13 6.95% $7,285
JPMorgan Chase Bank 13 7.21% $4,427
FIRST COMMUNITY MORTGAGE, INC. 12 7.22% $4,999
NEWREZ LLC 11 6.54% $3,783
Mr. Cooper ( Nationstar Mortgage ) 11 6.49% $6,653
Hamilton Mortgage Corporation 10 6.83% $4,939
ServisFirst Bank 8 7.17% $3,449
Mortgage Research Center, LLC 7 6.75% $4,583
BAY EQUITY LLC 7 6.98% $4,213
AMERISAVE MORTGAGE CORPORATION 6 6.65% $5,502
SouthPoint Bank 6 6.06% $7,932
USAA Federal Savings Bank 6 6.52% $7,088
BancorpSouth 6 6.33% $5,868
VANDERBILT MORTGAGE AND FINANCE, INC. 6 7.79% $5,628
Stifel Bank and Trust 5 5.73% $2,867
Consumer First Mortgage, Inc. 5 6.22% $4,474
PENTAGON FEDERAL CREDIT UNION 5 6.15% $3,699
Assurance Financial Group, L.L.C. 5 6.67% $5,407
SmartBank 5 7.10% $3,471
CB&S Bank, Inc. 5 6.67% $5,384
PRIMELENDING, A PLAINSCAPITAL COMPANY 5 7.65% $5,145
PNC Bank 5 6.83% $4,482
Valley National Bank 5 6.38% $3,205
ZILLOW HOME LOANS, LLC 5 6.38% $5,260
Morgan Stanley Private Bank 5 5.83% $3,993
BROKER SOLUTIONS, INC. 4 6.75% $7,810
ACOPIA, LLC 4 7.53% $3,673
FirstBank 4 8.41% $5,253
MORTGAGE INVESTORS GROUP, INC. 4 6.78% $3,307
First Horizon Bank 4 6.31% $4,283
PHH Mortgage Corporation 4 7.44% $4,010
Flagstar Bank, FSB 4 6.56% $6,026
21ST MORTGAGE CORPORATION 3 7.94% $5,244
HOPE FEDERAL CREDIT UNION 3 6.58% $5,662
Neighborhood Loans, Inc. 3 7.04% $4,342
First National Bank of America 3 10.42% $7,188
Northpointe Bank 3 6.08% $5,670
The Loan Store, Inc. 3 6.29% $4,961
First Federal Bank, A FSB 3 7.13% $4,602
AVADIAN 2 6.19% $2,750
Ally Bank 2 6.13% $5,955
AMERICAN FINANCIAL NETWORK, INC. 2 7.31% $7,595
AMERICAN FINANCIAL RESOURCES, INC. 2 6.50% $4,623
APCO EMPLOYEES 2 6.88% $4,446
ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 6.69% $5,502
Bryant Bank 2 6.44% $6,620
EMM LOANS LLC 2 6.69% $13,180
FBC MORTGAGE, LLC 2 7.24% $7,849
First Federal Bank 2 6.31% $3,317
FREEDOM MORTGAGE CORPORATION 2 6.38% $4,551
MORTGAGE ACCESS CORP. 2 7.24% $5,302
MUTUAL OF OMAHA MORTGAGE, INC. 2 7.62% $5,355
Paramount Residential Mortgage Group, Inc. 2 7.31% $3,988
RELIANCE FIRST CAPITAL, LLC 2 6.37% $6,912
ROYAL UNITED MORTGAGE LLC 2 7.06% $5,418
The Federal Savings Bank 2 6.88% $5,999
Troy Bank and Trust Company 2 5.99% $3,091
U.S. Bank 2 6.81% $1,399
GUARANTY HOME MORTGAGE CORPORATION 1 6.00% $11,921
MORIA DEVELOPMENT, INC. 1 8.13% $5,232
Alcova Mortgage LLC 1 7.38% $4,979
GENEVA FINANCIAL, LLC 1 6.50% $8,973
General Mortgage Capital Corporation 1 7.13% $4,465
FLAT BRANCH MORTGAGE, INC. 1 7.75% $3,875
FirstTrust Home Loans, Inc. 1 8.13% $5,414
American Mortgage & Equity Consultants, Inc. 1 7.50% $4,378
Mutual Savings Credit Union 1 5.15% $6,960
Nations Lending Corporation 1 7.63% $4,552
First International Bank & Trust 1 6.75% $3,523
NBKC BANK 1 6.38% $4,986
First Bank 1 6.88% $4,138
Fifth Third Bank 1 6.99% $3,157
North American Savings Bank, F.S.B. 1 7.50% $2,319
Evolve Bank & Trust 1 5.25% $3,704
OCMBC, INC. 1 11.50% $23,457
AMERICAN INTERNET MORTGAGE, INC. 1 6.00% $3,494
Discover Bank 1 7.34% $0
Cornerstone First Mortgage, Inc 1 6.38% $3,982
Citizens Bank 1 7.13% $2,844
PLANET HOME LENDING, LLC 1 7.38% $3,691
CHURCHILL MORTGAGE CORPORATION 1 7.50% $4,440
CERTAINTY HOME LOANS, LLC 1 5.88% $9,678
Princeton Mortgage Corporation 1 5.88% $4,031
CARDINAL FINANCIAL 1 5.88% $2,903
Raymond James Bank 1 4.63% $1,991
REDSTONE Federal Credit Union 1 7.63% $2,824
CANOPY MORTGAGE, LLC 1 7.25% $4,786
VAN DYK MORTGAGE CORPORATION 1 7.13% $6,669
BNC National Bank 1 6.63% $2,686
BMO Harris Bank 1 6.25% $4,967
Waterstone Mortgage Corporation 1 6.13% $5,767
RUOFF MORTGAGE COMPANY, INC. 1 5.75% $4,995
SeaTrust Mortgage Company 1 7.50% $4,141
Blue Ridge Bank 1 8.00% $4,972
BETTER MORTGAGE CORPORATION 1 6.63% $7,565
Beeline Loans, Inc. 1 7.63% $4,851
SOUTHPOINT FINANCIAL SERVICES, INC. 1 7.88% $5,595
South State Bank 1 6.50% $2,101
Barrington Bank & Trust Company, N.A. 1 7.38% $3,843
Bank of Hope 1 5.75% $9,646
TEACHERS 1 6.63% $4,058
The Central Trust Bank 1 7.75% $3,244
AMERICAN HERITAGE LENDING, INC. 1 7.50% $17,252
The Huntington National Bank 1 7.63% $4,797
Bank of England 1 8.00% $17,372
THRIVE MORTGAGE, LLC 1 5.50% $14,908
Wolfe Financial, Inc 1 6.88% $6,975
AXIA FINANCIAL, LLC 1 6.50% $3,672
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 7.63% $3,157
UIF CORPORATION 1 6.25% $3,863
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 9.88% $19,290
AmRes Corporation 1 7.88% $10,619
AMERICA'S FIRST 1 5.50% $5,782
INTERLINC MORTGAGE SERVICES, LLC 1 5.88% $2,705
LAKEVIEW LOAN SERVICING, LLC 1 7.13% $8,538
Liberty Mortgage Corporation 1 6.25% $1,911
Heritage South Credit Union 1 7.00% $2,578
Gulf Winds Credit Union 1 6.75% $2,790
Metro City Bank 1 7.38% $6,717
MICHIGAN MUTUAL, INC. 1 8.63% $4,273
Midwest BankCentre 1 7.13% $3,964

MONTGOMERY Average Closing Costs & Other Stats

MONTGOMERY, AL's 142 lenders originated 6,557 loans during 2023. The total origination value was $1,378,705,000, with an average loan value of $210,265.

MONTGOMERY's average closing costs are $4,982.

The top MONTGOMERY lender as defined by loan originations is Trustmark National Bank, with 236 loans originated. Their average total fees are $4,515, which is $366 lower than the next largest lender, FAIRWAY INDEPENDENT MORTGAGE CORPORATION.

The lowest fee MONTGOMERY lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. ($2,715), Truist ($3,441), GMFS LLC ($3,648), Wells Fargo Bank ($3,717) and NEWREZ LLC ($3,783).

The lowest rate MONTGOMERY lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.80%), Wells Fargo Bank (6.46%), Mr. Cooper ( Nationstar Mortgage ) (6.49%), GUARANTEED RATE, INC. (6.53%) and NEWREZ LLC (6.54%).

MONTGOMERY, AL Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
Trustmark National Bank $158,885,000 $107,570,000 -32.3% 7.8%
GUILD MORTGAGE COMPANY $141,035,000 $105,590,000 -25.1% 7.7%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $124,105,000 $81,650,000 -34.2% 5.9%
CROSSCOUNTRY MORTGAGE, LLC $82,530,000 $79,200,000 -4.0% 5.7%
QUICKEN LOANS, LLC $91,235,000 $53,820,000 -41.0% 3.9%
UNITED WHOLESALE MORTGAGE, LLC $71,735,000 $51,440,000 -28.3% 3.7%
Renasant Bank $57,670,000 $49,300,000 -14.5% 3.6%
River Bank & Trust $97,010,000 $49,255,000 -49.2% 3.6%
Regions Bank $56,115,000 $44,380,000 -20.9% 3.2%
Mortgage Research Center, LLC $46,500,000 $43,215,000 -7.1% 3.1%
Guardian Credit Union $48,105,000 $38,945,000 -19.0% 2.8%
MOVEMENT MORTGAGE, LLC $6,950,000 $31,690,000 356.0% 2.3%
PENNYMAC LOAN SERVICES, LLC $50,340,000 $27,485,000 -45.4% 2.0%
CMG MORTGAGE, INC. $27,965,000 $25,555,000 -8.6% 1.9%
MAX Credit Union $46,225,000 $23,360,000 -49.5% 1.7%
GREYSTONE SERVICING COMPANY LLC $2,555,000 $23,175,000 807.0% 1.7%
DHI MORTGAGE COMPANY, LTD. $16,615,000 $22,105,000 33.0% 1.6%
NAVY FEDERAL CREDIT UNION $26,770,000 $21,970,000 -17.9% 1.6%
Synovus Bank $16,020,000 $17,925,000 11.9% 1.3%
GMFS LLC $31,260,000 $15,570,000 -50.2% 1.1%
Arbor Realty Trust, Inc. $6,005,000 $15,490,000 158.0% 1.1%
AMERIFIRST BANK $15,125,000 n/a 1.1%
Flagstar Bank, FSB $55,340,000 $12,860,000 -76.8% 0.9%
GUARANTEED RATE, INC. $2,910,000 $12,055,000 314.3% 0.9%
Wells Fargo Bank $46,135,000 $11,615,000 -74.8% 0.8%
USAA Federal Savings Bank $16,265,000 $11,415,000 -29.8% 0.8%
FREEDOM MORTGAGE CORPORATION $20,600,000 $11,270,000 -45.3% 0.8%
M&T Realty Capital Corporation $10,845,000 n/a 0.8%
Evolve Bank & Trust $10,600,000 n/a 0.8%
UNION HOME MORTGAGE CORP. $4,695,000 $10,150,000 116.2% 0.7%
NEWREZ LLC $6,560,000 $10,090,000 53.8% 0.7%
PNC Bank $17,770,000 $9,860,000 -44.5% 0.7%
Robertson Banking Company $9,720,000 n/a 0.7%
First Community Bank of Central Alabama $15,305,000 $9,500,000 -37.9% 0.7%
LOANDEPOT.COM, LLC $51,515,000 $9,280,000 -82.0% 0.7%
21ST MORTGAGE CORPORATION $6,715,000 $9,120,000 35.8% 0.7%
Bethpage Federal Credit Union $8,705,000 $8,455,000 -2.9% 0.6%
FIRST COMMUNITY MORTGAGE, INC. $2,745,000 $7,860,000 186.3% 0.6%
LENDINGHOME FUNDING CORPORATION $675,000 $7,575,000 1,022.2% 0.5%
Mr. Cooper ( Nationstar Mortgage ) $12,900,000 $6,920,000 -46.4% 0.5%
BancorpSouth $13,465,000 $6,645,000 -50.6% 0.5%
CB&S Bank, Inc. $11,015,000 $6,275,000 -43.0% 0.5%
Truist $13,320,000 $6,085,000 -54.3% 0.4%
VANDERBILT MORTGAGE AND FINANCE, INC. $6,435,000 $5,940,000 -7.7% 0.4%
JPMorgan Chase Bank $7,220,000 $5,780,000 -19.9% 0.4%
NEW DAY FINANCIAL, LLC $10,350,000 $5,525,000 -46.6% 0.4%
SouthPoint Bank $6,425,000 $5,495,000 -14.5% 0.4%
The Federal Savings Bank $4,000,000 $5,305,000 32.6% 0.4%
BankFirst Financial Services $480,000 $4,715,000 882.3% 0.3%
AMERISAVE MORTGAGE CORPORATION $6,925,000 $4,615,000 -33.4% 0.3%
BROKER SOLUTIONS, INC. $3,995,000 $4,375,000 9.5% 0.3%
ServisFirst Bank $24,775,000 $4,355,000 -82.4% 0.3%
PENTAGON FEDERAL CREDIT UNION $5,805,000 $3,730,000 -35.7% 0.3%
Morgan Stanley Private Bank $3,145,000 $3,720,000 18.3% 0.3%
APCO EMPLOYEES $1,835,000 $3,675,000 100.3% 0.3%
Troy Bank and Trust Company $4,395,000 $3,615,000 -17.7% 0.3%
ALABAMA STATE EMPLOYEES CREDIT UNION $5,815,000 $3,610,000 -37.9% 0.3%
Hamilton Mortgage Corporation $5,830,000 $3,470,000 -40.5% 0.3%
AMERICAN FINANCIAL NETWORK, INC. $3,380,000 n/a 0.2%
Prudential Huntoon Paige Associates, LLC $3,315,000 n/a 0.2%
MORTGAGE SOLUTIONS OF COLORADO, LLC $2,925,000 $3,095,000 5.8% 0.2%
CARDINAL FINANCIAL $3,670,000 $3,075,000 -16.2% 0.2%
VILLAGE CAPITAL MORTGAGE $2,185,000 $2,980,000 36.4% 0.2%
Carrington Mortgage Services, LLC $4,895,000 $2,925,000 -40.2% 0.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,990,000 $2,915,000 46.5% 0.2%
BAY EQUITY LLC $17,180,000 $2,745,000 -84.0% 0.2%
First Horizon Bank $1,530,000 $2,675,000 74.8% 0.2%
Bank of America $5,420,000 $2,470,000 -54.4% 0.2%
South State Bank $3,095,000 $2,320,000 -25.0% 0.2%
TRIAD FINANCIAL SERVICES, INC. $3,370,000 $2,285,000 -32.2% 0.2%
LENDINGONE, LLC $4,795,000 $2,265,000 -52.8% 0.2%
First Federal Bank $2,965,000 $2,160,000 -27.2% 0.2%
ACOPIA, LLC $2,155,000 n/a 0.2%
FirstBank $4,885,000 $2,105,000 -56.9% 0.2%
Consumer First Mortgage, Inc. $165,000 $2,045,000 1,139.4% 0.1%
MILEND, INC. $950,000 $2,015,000 112.1% 0.1%
NBKC BANK $1,820,000 $2,000,000 9.9% 0.1%
Stifel Bank and Trust $13,985,000 $1,995,000 -85.7% 0.1%
Northpointe Bank $2,190,000 $1,925,000 -12.1% 0.1%
Plains Commerce Bank $345,000 $1,925,000 458.0% 0.1%
DOMINION FINANCIAL SERVICES, LLC $1,430,000 $1,910,000 33.6% 0.1%
EMM LOANS LLC $3,420,000 $1,900,000 -44.4% 0.1%
LAKEVIEW LOAN SERVICING, LLC $5,005,000 $1,895,000 -62.1% 0.1%
SmartBank $4,190,000 $1,890,000 -54.9% 0.1%
ORIX REAL ESTATE CAPITAL, LLC $3,035,000 $1,835,000 -39.5% 0.1%
HOPE FEDERAL CREDIT UNION $3,590,000 $1,830,000 -49.0% 0.1%
Bank of England $1,070,000 $1,805,000 68.7% 0.1%
Discover Bank $1,540,000 $1,805,000 17.2% 0.1%
Valley National Bank $5,015,000 $1,800,000 -64.1% 0.1%
Neighborhood Loans, Inc. $285,000 $1,770,000 521.1% 0.1%
Prosperity Home Mortgage, LLC $1,615,000 $1,770,000 9.6% 0.1%
CIS Financial Services, Inc. $315,000 $1,660,000 427.0% 0.1%
Ameris Bank $6,575,000 $1,630,000 -75.2% 0.1%
U.S. Bank $3,495,000 $1,600,000 -54.2% 0.1%
VELOCITY COMMERCIAL CAPITAL, LLC $3,960,000 $1,590,000 -59.8% 0.1%
ZILLOW HOME LOANS, LLC $635,000 $1,420,000 123.6% 0.1%
M&T Bank $1,655,000 $1,340,000 -19.0% 0.1%
CANOPY MORTGAGE, LLC $225,000 $1,155,000 413.3% 0.1%
Nations Lending Corporation $1,820,000 $1,155,000 -36.5% 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $480,000 $1,135,000 136.5% 0.1%
LIMA ONE CAPITAL, LLC $4,120,000 $1,135,000 -72.5% 0.1%
HOMEXPRESS MORTGAGE CORP. $1,130,000 n/a 0.1%
FBC MORTGAGE, LLC $165,000 $1,095,000 563.6% 0.1%
GENEVA FINANCIAL, LLC $245,000 $1,090,000 344.9% 0.1%
AVADIAN $280,000 $1,085,000 287.5% 0.1%
Bryant Bank $2,110,000 $1,070,000 -49.3% 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $2,510,000 $1,005,000 -60.0% 0.1%
SOUTHWEST STAGE FUNDING, LLC $1,190,000 $980,000 -17.6% 0.1%
United Community Bank $370,000 $980,000 164.9% 0.1%
STOCKTON MORTGAGE CORPORATION $220,000 $970,000 340.9% 0.1%
First Federal Bank, A FSB $1,445,000 $960,000 -33.6% 0.1%
Assurance Financial Group, L.L.C. $1,360,000 $955,000 -29.8% 0.1%
Magnolia Bank $1,190,000 $945,000 -20.6% 0.1%
Figure Lending LLC $1,285,000 $940,000 -26.8% 0.1%
Barrington Bank & Trust Company, N.A. $1,560,000 $900,000 -42.3% 0.1%
West Alabama Bank & Trust $900,000 n/a 0.1%
BETTER MORTGAGE CORPORATION $2,380,000 $895,000 -62.4% 0.1%
ROYAL UNITED MORTGAGE LLC $790,000 $890,000 12.7% 0.1%
Mutual Savings Credit Union $100,000 $875,000 775.0% 0.1%
NFM, INC. $485,000 $870,000 79.4% 0.1%
GUARANTY HOME MORTGAGE CORPORATION $530,000 $845,000 59.4% 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $1,110,000 $840,000 -24.3% 0.1%
AMERICAN HERITAGE LENDING, INC. $835,000 n/a 0.1%
Coastal Community Bank $835,000 n/a 0.1%
PHH Mortgage Corporation $2,195,000 $825,000 -62.4% 0.1%
Marion Bank & Trust Company $800,000 n/a 0.1%
Mid-Continent Funding, Inc. $965,000 $780,000 -19.2% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $2,855,000 $765,000 -73.2% 0.1%
Bank of Springfield $995,000 $750,000 -24.6% 0.1%
MID AMERICA MORTGAGE, INC. $355,000 $720,000 102.8% 0.1%
EVERETT FINANCIAL, INC. $840,000 $715,000 -14.9% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $750,000 $705,000 -6.0% 0.1%
ENVOY MORTGAGE, LTD $145,000 $670,000 362.1% 0.0%
HOMESIDE FINANCIAL, LLC $415,000 $670,000 61.4% 0.0%
Merchants Mortgage & Trust Corporation $665,000 n/a 0.0%
OCMBC, INC. $665,000 n/a 0.0%
The First, A National Banking Association $65,000 $650,000 900.0% 0.0%
Midwest BankCentre $645,000 n/a 0.0%
CLEARPATH LENDING $295,000 $625,000 111.9% 0.0%
Paramount Residential Mortgage Group, Inc. $555,000 $620,000 11.7% 0.0%
RELIANCE FIRST CAPITAL, LLC $2,350,000 $610,000 -74.0% 0.0%
BNC National Bank $1,035,000 $605,000 -41.5% 0.0%
HOMESTAR FINANCIAL CORPORATION $665,000 $600,000 -9.8% 0.0%
MORTGAGE INVESTORS GROUP, INC. $585,000 $600,000 2.6% 0.0%
AuburnBank $870,000 $595,000 -31.6% 0.0%
ALL IN $555,000 $590,000 6.3% 0.0%
Citizens Bank $2,710,000 $590,000 -78.2% 0.0%
LEADERONE FINANCIAL CORPORATION $1,415,000 $575,000 -59.4% 0.0%
Cornerstone First Mortgage, Inc $385,000 $550,000 42.9% 0.0%
Equity Prime Mortgage LLC $675,000 $550,000 -18.5% 0.0%
REDSTONE Federal Credit Union $755,000 $550,000 -27.2% 0.0%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $545,000 n/a 0.0%
PLANET HOME LENDING, LLC $1,270,000 $530,000 -58.3% 0.0%
PREMIA MORTGAGE, LLC $185,000 $530,000 186.5% 0.0%
Ally Bank $1,240,000 $520,000 -58.1% 0.0%
MORTGAGE MANAGEMENT CONSULTANTS, INC. $705,000 $520,000 -26.2% 0.0%
The Peoples Bank, Biloxi, Mississippi $505,000 n/a 0.0%
SUN WEST MORTGAGE COMPANY, INC. $755,000 $500,000 -33.8% 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $1,085,000 $495,000 -54.4% 0.0%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $485,000 n/a 0.0%
NEW WAVE LENDING GROUP INC $485,000 n/a 0.0%
First Citizens Bank $2,115,000 $475,000 -77.5% 0.0%
Gulf Winds Credit Union $470,000 n/a 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $810,000 $465,000 -42.6% 0.0%
AMWEST FUNDING CORP. $2,645,000 $460,000 -82.6% 0.0%
SPRING EQ, LLC $785,000 $455,000 -42.0% 0.0%
TOWNE MORTGAGE COMPANY $405,000 $455,000 12.3% 0.0%
CITIZENS EQUITY FIRST $445,000 n/a 0.0%
American Mortgage & Equity Consultants, Inc. $440,000 n/a 0.0%
AUBURN UNIVERSITY CREDIT UNION $600,000 $440,000 -26.7% 0.0%
SOUTHEAST MORTGAGE OF GEORGIA, INC. $975,000 $440,000 -54.9% 0.0%
BMO Harris Bank $435,000 n/a 0.0%
RUOFF MORTGAGE COMPANY, INC. $375,000 $430,000 14.7% 0.0%
Bank of Hope $385,000 $425,000 10.4% 0.0%
Liberty Mortgage Corporation $425,000 n/a 0.0%
First South Farm Credit, ACA $2,280,000 $410,000 -82.0% 0.0%
TOTAL MORTGAGE SERVICES, LLC $405,000 n/a 0.0%
CHURCHILL MORTGAGE CORPORATION $230,000 $400,000 73.9% 0.0%
First National Bank of America $370,000 $395,000 6.8% 0.0%
Hancock Whitney Bank $1,175,000 $390,000 -66.8% 0.0%
EMBRACE HOME LOANS, INC. $635,000 $370,000 -41.7% 0.0%
SeaTrust Mortgage Company $370,000 n/a 0.0%
Raymond James Bank $275,000 $365,000 32.7% 0.0%
Waterstone Mortgage Corporation $430,000 $365,000 -15.1% 0.0%
MORTGAGE ACCESS CORP. $360,000 n/a 0.0%
Wolfe Financial, Inc $360,000 n/a 0.0%
North American Savings Bank, F.S.B. $675,000 $355,000 -47.4% 0.0%
DAS Acquisition Company, LLC $305,000 $350,000 14.8% 0.0%
The Huntington National Bank $335,000 $350,000 4.5% 0.0%
A&D Mortgage LLC $425,000 $345,000 -18.8% 0.0%
AMERICAN INTERNET MORTGAGE, INC. $830,000 $345,000 -58.4% 0.0%
AmeriHome Mortgage Company, LLC $1,240,000 $345,000 -72.2% 0.0%
Peach State Bank & Trust $345,000 n/a 0.0%
Metro City Bank $1,675,000 $325,000 -80.6% 0.0%
Metro Bank $315,000 n/a 0.0%
Strong Home Mortgage, LLC $335,000 $315,000 -6.0% 0.0%
CALIBER HOME LOANS, INC. $12,185,000 $310,000 -97.5% 0.0%
The Samson Banking Company, Inc. $305,000 n/a 0.0%
THRIVE MORTGAGE, LLC $585,000 $305,000 -47.9% 0.0%
MICHIGAN MUTUAL, INC. $1,675,000 $300,000 -82.1% 0.0%
LONGBRIDGE FINANCIAL, LLC $295,000 $290,000 -1.7% 0.0%
UNITED PREMIER FUNDING, LLC $285,000 n/a 0.0%
AMERICA'S FIRST $485,000 $275,000 -43.3% 0.0%
AmRes Corporation $275,000 n/a 0.0%
Armed Forces Bank $1,005,000 $275,000 -72.6% 0.0%
CERTAINTY HOME LOANS, LLC $9,980,000 $275,000 -97.2% 0.0%
Liberty Savings Bank, F.S.B. $275,000 n/a 0.0%
First Bank $265,000 n/a 0.0%
The Loan Store, Inc. $265,000 n/a 0.0%
CORNERSTONE HOME LENDING, INC. $1,570,000 $255,000 -83.8% 0.0%
First Metro Bank $255,000 n/a 0.0%
Ixonia Bank $255,000 n/a 0.0%
Pinnacle Bank $19,200,000 $255,000 -98.7% 0.0%
The Central Trust Bank $1,100,000 $255,000 -76.8% 0.0%
TOWN AND COUNTRY Credit Union $255,000 n/a 0.0%
CONTOUR MORTGAGE CORPORATION $605,000 $245,000 -59.5% 0.0%
HomePromise Corporation $245,000 n/a 0.0%
BAY-VALLEY MORTGAGE GROUP $235,000 n/a 0.0%
NATIONS DIRECT MORTGAGE, LLC $235,000 n/a 0.0%
NBH Bank $235,000 n/a 0.0%
SWBC MORTGAGE CORPORATION $440,000 $235,000 -46.6% 0.0%
Atlantic Union Bank $300,000 $225,000 -25.0% 0.0%
LIBERTY HOME MORTGAGE CORPORATION $350,000 $225,000 -35.7% 0.0%
UIF CORPORATION $225,000 n/a 0.0%
Community Trust Bank, Inc. $215,000 n/a 0.0%
INTERLINC MORTGAGE SERVICES, LLC $47,100,000 $205,000 -99.6% 0.0%
KINECTA $205,000 n/a 0.0%
NORWICH COMMERCIAL GROUP, INC. $205,000 n/a 0.0%
BankSouth $195,000 n/a 0.0%
AMERICAN FINANCING CORPORATION $1,190,000 $185,000 -84.5% 0.0%
Pinnacle Bank $19,200,000 $185,000 -99.0% 0.0%
BANKSOUTH MORTGAGE COMPANY, LLC $175,000 n/a 0.0%
Community Bank of Mississippi $2,170,000 $175,000 -91.9% 0.0%
LENOX FINANCIAL MORTGAGE CORPORATION $175,000 n/a 0.0%
EvaBank $165,000 n/a 0.0%
Heritage South Credit Union $165,000 n/a 0.0%
UNITED NORTHERN MORTGAGE BANKERS LIMITED $155,000 n/a 0.0%
ACADEMY MORTGAGE CORPORATION $145,000 n/a 0.0%
First International Bank & Trust $145,000 n/a 0.0%
First State Bank $145,000 n/a 0.0%
HUNT MORTGAGE CORPORATION $235,000 $145,000 -38.3% 0.0%
NobleBank & Trust $145,000 n/a 0.0%
Peoples Bank $145,000 $145,000 0.0% 0.0%
VAN DYK MORTGAGE CORPORATION $145,000 $145,000 0.0% 0.0%
Alabama One Credit Union $400,000 $135,000 -66.3% 0.0%
AXIA FINANCIAL, LLC $105,000 $135,000 28.6% 0.0%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $595,000 $135,000 -77.3% 0.0%
SOUTHPOINT FINANCIAL SERVICES, INC. $400,000 $135,000 -66.3% 0.0%
TOP FLITE FINANCIAL, INC. $135,000 n/a 0.0%
NATIONWIDE MORTGAGE BANKERS, INC. $615,000 $130,000 -78.9% 0.0%
Colonial Savings, F.A. $165,000 $125,000 -24.2% 0.0%
SHELTER HOME MORTGAGE, LLC $125,000 n/a 0.0%
Citadel Servicing Corporation $105,000 $115,000 9.5% 0.0%
FINANCE OF AMERICA REVERSE LLC $115,000 n/a 0.0%
Logan Finance Corporation $115,000 n/a 0.0%
MIDLAND MORTGAGE CORPORATION $125,000 $115,000 -8.0% 0.0%
TEACHERS $115,000 n/a 0.0%
Alcova Mortgage LLC $105,000 n/a 0.0%
General Mortgage Capital Corporation $105,000 n/a 0.0%
Axos Bank $125,000 $95,000 -24.0% 0.0%
COUNTRYPLACE MORTGAGE, LTD. $180,000 $95,000 -47.2% 0.0%
FirstTrust Home Loans, Inc. $285,000 $95,000 -66.7% 0.0%
LOANPAL, LLC $205,000 $95,000 -53.7% 0.0%
CSL Financial, LLC $315,000 $85,000 -73.0% 0.0%
MORIA DEVELOPMENT, INC. $85,000 n/a 0.0%
Princeton Mortgage Corporation $85,000 n/a 0.0%
Citibank $105,000 $75,000 -28.6% 0.0%
Fifth Third Bank $630,000 $75,000 -88.1% 0.0%
SUMMIT FUNDING, INC. $75,000 n/a 0.0%
Beeline Loans, Inc. $420,000 $65,000 -84.5% 0.0%
Blue Ridge Bank $65,000 n/a 0.0%
HIWAY $65,000 n/a 0.0%
HomeTrust Bank $65,000 n/a 0.0%
MASSMUTUAL $65,000 n/a 0.0%
MidFirst Bank $65,000 n/a 0.0%
NAVIGATOR CU $65,000 n/a 0.0%
AlaTrust Credit Union $135,000 $55,000 -59.3% 0.0%
First Federal Bank of Kansas City $55,000 n/a 0.0%
Five Star Credit Union $55,000 n/a 0.0%
FLAT BRANCH MORTGAGE, INC. $55,000 n/a 0.0%
GTE Federal Credit Union $45,000 $55,000 22.2% 0.0%
Citizens Bank Inc $45,000 n/a 0.0%
Service Federal Credit Union $65,000 $35,000 -46.2% 0.0%
Home Loan Investment Bank, F.S.B. $25,000 $25,000 0.0% 0.0%
KEESLER $365,000 $25,000 -93.2% 0.0%
Liberty Bank and Trust Company $330,000 $25,000 -92.4% 0.0%
Tyndall Federal Credit Union $700,000 $25,000 -96.4% 0.0%

MONTGOMERY's top lender by overall market share is Trustmark National Bank, with 7.8% market share. In second place, with 7.7%, is GUILD MORTGAGE COMPANY, having originated $105,590,000 in loans. In third place, with 5.9%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $81,650,000 in loans. In fourth place, with 5.7%, is CROSSCOUNTRY MORTGAGE, LLC, having originated $79,200,000 in loans. In fifth place, with 3.9%, is QUICKEN LOANS, LLC, having originated $53,820,000 in loans.


MONTGOMERY Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - MONTGOMERY (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $170,950 (3.6%) $220,991 (-2.5%) 0.63 1,893
2018-02-01 $178,500 (5.9%) $232,723 (2.2%) 0.65 1,892
2018-03-01 $179,900 (5.9%) $240,141 (1.8%) 0.63 1,969
2018-04-01 $190,423 (12.0%) $250,631 (4.8%) 0.65 2,070
2018-05-01 $194,900 (14.3%) $254,105 (4.7%) 0.65 2,077
2018-06-01 $194,900 (13.7%) $254,760 (4.7%) 0.65 2,088
2018-07-01 $197,500 (15.5%) $255,202 (5.9%) 0.66 2,059
2018-08-01 $199,700 (17.5%) $260,118 (9.0%) 0.67 1,982
2018-09-01 $199,900 (11.7%) $259,236 (8.5%) 0.67 1,944
2018-10-01 $197,222 (12.8%) $254,361 (7.0%) 0.67 1,920
2018-11-01 $194,950 (14.7%) $251,814 (9.8%) 0.66 1,825
2018-12-01 $191,000 (11.1%) $245,494 (8.6%) 0.66 1,746
2019-01-01 $192,725 (12.7%) $246,305 (11.5%) 0.67 1,655
2019-02-01 $198,000 (10.9%) $251,364 (8.0%) 0.67 1,685
2019-03-01 $207,957 (15.6%) $261,604 (8.9%) 0.68 1,682
2019-04-01 $220,700 (15.9%) $277,077 (10.6%) 0.70 1,732
2019-05-01 $224,900 (15.4%) $275,829 (8.6%) 0.70 1,648
2019-06-01 $220,000 (12.9%) $271,721 (6.7%) 0.69 1,672
2019-07-01 $223,700 (13.3%) $271,656 (6.5%) 0.70 1,664
2019-08-01 $223,536 (11.9%) $267,873 (3.0%) 0.71 1,605
2019-09-01 $221,491 (10.8%) $263,807 (1.8%) 0.71 1,571
2019-10-01 $219,900 (11.5%) $260,544 (2.4%) 0.71 1,546
2019-11-01 $216,000 (10.8%) $253,416 (0.6%) 0.71 1,523
2019-12-01 $219,900 (15.1%) $254,096 (3.5%) 0.73 1,451
2020-01-01 $223,700 (16.1%) $255,402 (3.7%) 0.75 1,380
2020-02-01 $225,500 (13.9%) $264,362 (5.2%) 0.74 1,359
2020-03-01 $239,450 (15.1%) $274,927 (5.1%) 0.75 1,346
2020-04-01 $243,000 (10.1%) $277,224 (0.1%) 0.76 1,328
2020-05-01 $244,900 (8.9%) $276,293 (0.2%) 0.74 1,243
2020-06-01 $244,900 (11.3%) $276,288 (1.7%) 0.72 1,133
2020-07-01 $243,650 (8.9%) $273,981 (0.9%) 0.71 1,075
2020-08-01 $237,950 (6.5%) $278,935 (4.1%) 0.68 1,081
2020-09-01 $238,975 (7.9%) $281,214 (6.6%) 0.68 980
2020-10-01 $239,000 (8.7%) $284,416 (9.2%) 0.68 903
2020-11-01 $217,450 (0.7%) $273,234 (7.8%) 0.64 895
2020-12-01 $212,700 (-3.3%) $271,413 (6.8%) 0.63 816
2021-01-01 $209,000 (-6.6%) $269,779 (5.6%) 0.62 736
2021-02-01 $224,900 (-0.3%) $294,066 (11.2%) 0.65 580
2021-03-01 $234,975 (-1.9%) $299,358 (8.9%) 0.67 554
2021-04-01 $261,975 (7.8%) $322,527 (16.3%) 0.71 560
2021-05-01 $259,450 (5.9%) $320,022 (15.8%) 0.69 570
2021-06-01 $233,500 (-4.7%) $295,269 (6.9%) 0.61 571
2021-07-01 $229,900 (-5.6%) $296,109 (8.1%) 0.61 619
2021-08-01 $234,900 (-1.3%) $302,226 (8.4%) 0.63 637
2021-09-01 $235,000 (-1.7%) $303,238 (7.8%) 0.63 601
2021-10-01 $232,500 (-2.7%) $295,671 (4.0%) 0.62 549
2021-11-01 $233,225 (7.3%) $284,706 (4.2%) 0.62 513
2021-12-01 $211,150 (-0.7%) $271,292 (0.0%) 0.57 484
2022-01-01 $205,000 (-1.9%) $274,556 (1.8%) 0.55 436
2022-02-01 $201,650 (-10.3%) $297,262 (1.1%) 0.52 365
2022-03-01 $229,600 (-2.3%) $297,026 (-0.8%) 0.57 414
2022-04-01 $249,900 (-4.6%) $305,900 (-5.2%) 0.60 437
2022-05-01 $247,450 (-4.6%) $307,212 (-4.0%) 0.57 507
2022-06-01 $249,900 (7.0%) $303,377 (2.8%) 0.56 578
2022-07-01 $288,500 (25.5%) $323,968 (9.4%) 0.65 678
2022-08-01 $280,575 (19.4%) $334,367 (10.6%) 0.65 729
2022-09-01 $269,800 (14.8%) $348,648 (15.0%) 0.63 709
2022-10-01 $264,186 (13.6%) $344,656 (16.6%) 0.62 758
2022-11-01 $262,500 (12.6%) $332,419 (16.8%) 0.63 792
2022-12-01 $259,900 (23.1%) $326,581 (20.4%) 0.64 765
2023-01-01 $276,800 (35.0%) $327,803 (19.4%) 0.69 692
2023-02-01 $301,900 (49.7%) $342,583 (15.3%) 0.73 663
2023-03-01 $308,700 (34.5%) $358,378 (20.7%) 0.73 646
2023-04-01 $320,400 (28.2%) $382,842 (25.2%) 0.75 646
2023-05-01 $308,700 (24.8%) $388,347 (26.4%) 0.70 652
2023-06-01 $299,224 (19.7%) $372,440 (22.8%) 0.67 690
2023-07-01 $315,000 (9.2%) $370,584 (14.4%) 0.72 743
2023-08-01 $312,300 (11.3%) $361,803 (8.2%) 0.72 797
2023-09-01 $305,000 (13.1%) $355,753 (2.0%) 0.71 848
2023-10-01 $297,600 (12.7%) $338,096 (-1.9%) 0.70 926
2023-11-01 $296,100 (12.8%) $338,919 (2.0%) 0.71 918
2023-12-01 $299,000 (15.0%) $331,287 (1.4%) 0.73 903
2024-01-01 $289,675 (4.7%) $325,032 (-0.9%) 0.71 836
2024-02-01 $294,450 (-2.5%) $336,035 (-1.9%) 0.71 807
2024-03-01 $309,900 (0.4%) $354,598 (-1.1%) 0.73 853
2024-04-01 $317,500 (-0.9%) $377,483 (-1.4%) 0.74 865
MONTGOMERY's median listing price for 2024-04-01 was $317,500, a difference of $-2,900 (-0.9%) versus the prior year and $7,600 versus the prior month.

MONTGOMERY's median listing price comes in at 74% of the national average.

MONTGOMERY's average listing price for 2024-04-01 was $377,483, a difference of $-5,359 (-1.4%) versus the prior year and $22,885 versus the prior month.

For the 2024-04-01 period, MONTGOMERY had 865 MLS listings, a difference of 12 listings (1%) versus the prior month and 219 listings (34%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - MONTGOMERY (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 99 days 1,962 sqft
2018-02-01 96 days 1,994 sqft
2018-03-01 71 days 2,004 sqft
2018-04-01 66 days 2,070 sqft
2018-05-01 66 days 2,083 sqft
2018-06-01 74 days 2,080 sqft
2018-07-01 75 days 2,099 sqft
2018-08-01 78 days 2,123 sqft
2018-09-01 79 days 2,135 sqft
2018-10-01 80 days 2,090 sqft
2018-11-01 85 days 2,087 sqft
2018-12-01 92 days 2,052 sqft
2019-01-01 100 days 2,050 sqft
2019-02-01 84 days 2,100 sqft
2019-03-01 73 days 2,146 sqft
2019-04-01 65 days 2,192 sqft
2019-05-01 61 days 2,205 sqft
2019-06-01 65 days 2,188 sqft
2019-07-01 71 days 2,172 sqft
2019-08-01 74 days 2,161 sqft
2019-09-01 77 days 2,138 sqft
2019-10-01 80 days 2,117 sqft
2019-11-01 85 days 2,112 sqft
2019-12-01 87 days 2,125 sqft
2020-01-01 92 days 2,140 sqft
2020-02-01 87 days 2,154 sqft
2020-03-01 64 days 2,200 sqft
2020-04-01 63 days 2,213 sqft
2020-05-01 71 days 2,240 sqft
2020-06-01 73 days 2,246 sqft
2020-07-01 61 days 2,245 sqft
2020-08-01 51 days 2,241 sqft
2020-09-01 55 days 2,245 sqft
2020-10-01 62 days 2,238 sqft
2020-11-01 59 days 2,141 sqft
2020-12-01 65 days 2,089 sqft
2021-01-01 67 days 2,080 sqft
2021-02-01 60 days 2,204 sqft
2021-03-01 43 days 2,218 sqft
2021-04-01 30 days 2,220 sqft
2021-05-01 30 days 2,183 sqft
2021-06-01 35 days 2,066 sqft
2021-07-01 35 days 1,992 sqft
2021-08-01 35 days 2,066 sqft
2021-09-01 45 days 2,078 sqft
2021-10-01 49 days 2,080 sqft
2021-11-01 53 days 2,093 sqft
2021-12-01 48 days 1,934 sqft
2022-01-01 51 days 1,883 sqft
2022-02-01 41 days 1,957 sqft
2022-03-01 29 days 1,916 sqft
2022-04-01 29 days 2,074 sqft
2022-05-01 25 days 2,076 sqft
2022-06-01 30 days 2,016 sqft
2022-07-01 31 days 2,105 sqft
2022-08-01 40 days 2,091 sqft
2022-09-01 46 days 2,092 sqft
2022-10-01 45 days 2,075 sqft
2022-11-01 50 days 2,079 sqft
2022-12-01 61 days 2,089 sqft
2023-01-01 74 days 2,109 sqft
2023-02-01 58 days 2,164 sqft
2023-03-01 52 days 2,165 sqft
2023-04-01 50 days 2,181 sqft
2023-05-01 46 days 2,152 sqft
2023-06-01 48 days 2,090 sqft
2023-07-01 46 days 2,140 sqft
2023-08-01 45 days 2,141 sqft
2023-09-01 51 days 2,131 sqft
2023-10-01 53 days 2,051 sqft
2023-11-01 59 days 2,023 sqft
2023-12-01 68 days 2,045 sqft
2024-01-01 78 days 2,019 sqft
2024-02-01 65 days 2,020 sqft
2024-03-01 53 days 2,097 sqft
2024-04-01 50 days 2,122 sqft
MONTGOMERY's median listing age (time on market) for 2024-04-01 was 50 days. This is 0% longer than the same period one year ago.

MONTGOMERY's median square footage for active listings during the 2024-04-01 period was 2,122 sqft. One year prior, the average listing was 2,181 sqft.

MONTGOMERY, AL Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
35010 Montgomery, AL MSA $580 $690 $830 $1,050 $1,350
35136 Montgomery, AL MSA $720 $820 $980 $1,240 $1,600
36003 Montgomery, AL MSA $580 $690 $830 $1,050 $1,350
36006 Montgomery, AL MSA $580 $690 $830 $1,050 $1,350
36008 Montgomery, AL MSA $790 $900 $1,080 $1,370 $1,760
36013 Montgomery, AL MSA $700 $800 $960 $1,220 $1,570
36020 Montgomery, AL MSA $670 $760 $910 $1,160 $1,490
36022 Montgomery, AL MSA $630 $720 $860 $1,090 $1,400
36024 Montgomery, AL MSA $580 $690 $830 $1,050 $1,350
36025 Montgomery, AL MSA $760 $860 $1,030 $1,310 $1,680
36026 Montgomery, AL MSA $580 $690 $830 $1,050 $1,350
36029 Montgomery, AL MSA $700 $800 $960 $1,220 $1,570
36032 Montgomery, AL MSA $580 $690 $830 $1,050 $1,350
36036 Montgomery, AL MSA $580 $690 $830 $1,050 $1,350
36040 Montgomery, AL MSA $580 $690 $830 $1,050 $1,350
36041 Montgomery, AL MSA $700 $800 $960 $1,220 $1,570
36043 Montgomery, AL MSA $830 $950 $1,130 $1,440 $1,840
36046 Montgomery, AL MSA $700 $800 $960 $1,220 $1,570
36047 Montgomery, AL MSA $620 $710 $850 $1,070 $1,380
36051 Montgomery, AL MSA $700 $790 $950 $1,220 $1,510
36052 Montgomery, AL MSA $780 $900 $1,070 $1,360 $1,760
36054 Montgomery, AL MSA $670 $770 $920 $1,170 $1,500
36064 Montgomery, AL MSA $1,000 $1,150 $1,370 $1,740 $2,240
36066 Montgomery, AL MSA $880 $1,000 $1,200 $1,520 $1,960
36067 Montgomery, AL MSA $710 $810 $970 $1,230 $1,580
36068 Montgomery, AL MSA $790 $900 $1,080 $1,370 $1,760
36069 Montgomery, AL MSA $580 $690 $830 $1,050 $1,350
36078 Montgomery, AL MSA $580 $690 $830 $1,050 $1,350
36080 Montgomery, AL MSA $670 $770 $920 $1,160 $1,490
36091 Montgomery, AL MSA $600 $690 $830 $1,050 $1,350
36092 Montgomery, AL MSA $690 $790 $940 $1,190 $1,530
36093 Montgomery, AL MSA $1,000 $1,140 $1,360 $1,730 $2,220
36101 Montgomery, AL MSA $700 $800 $960 $1,220 $1,570
36102 Montgomery, AL MSA $700 $800 $960 $1,220 $1,570
36103 Montgomery, AL MSA $700 $800 $960 $1,220 $1,570
36104 Montgomery, AL MSA $590 $690 $830 $1,050 $1,350
36105 Montgomery, AL MSA $670 $770 $920 $1,170 $1,500
36106 Montgomery, AL MSA $780 $890 $1,060 $1,350 $1,730
36107 Montgomery, AL MSA $630 $720 $860 $1,090 $1,400
36108 Montgomery, AL MSA $580 $690 $830 $1,050 $1,350
36109 Montgomery, AL MSA $760 $860 $1,030 $1,310 $1,680
36110 Montgomery, AL MSA $660 $750 $900 $1,140 $1,470
36111 Montgomery, AL MSA $670 $770 $920 $1,170 $1,500
36112 Montgomery, AL MSA $830 $1,000 $1,190 $1,510 $1,950
36113 Montgomery, AL MSA $1,080 $1,230 $1,470 $1,870 $2,400
36114 Montgomery, AL MSA $700 $800 $960 $1,220 $1,570
36115 Montgomery, AL MSA $1,080 $1,230 $1,470 $1,870 $2,400
36116 Montgomery, AL MSA $730 $830 $990 $1,260 $1,620
36117 Montgomery, AL MSA $840 $960 $1,150 $1,460 $1,880
36119 Montgomery, AL MSA $700 $800 $960 $1,220 $1,570
36120 Montgomery, AL MSA $700 $800 $960 $1,220 $1,570
36121 Montgomery, AL MSA $700 $800 $960 $1,220 $1,570
36123 Montgomery, AL MSA $700 $800 $960 $1,220 $1,570
36124 Montgomery, AL MSA $700 $800 $960 $1,220 $1,570
36125 Montgomery, AL MSA $700 $800 $960 $1,220 $1,570
36130 Montgomery, AL MSA $700 $800 $960 $1,220 $1,570
36131 Montgomery, AL MSA $700 $800 $960 $1,220 $1,570
36701 Montgomery, AL MSA $580 $690 $830 $1,050 $1,350
36703 Montgomery, AL MSA $580 $690 $830 $1,050 $1,350
36749 Montgomery, AL MSA $580 $690 $830 $1,050 $1,350
36752 Montgomery, AL MSA $590 $690 $830 $1,050 $1,350
36758 Montgomery, AL MSA $640 $690 $830 $1,080 $1,350
36761 Montgomery, AL MSA $580 $690 $830 $1,050 $1,350
36775 Montgomery, AL MSA $580 $690 $830 $1,050 $1,350
36785 Montgomery, AL MSA $590 $690 $830 $1,050 $1,350

2022 Average & Median Rent Data Statistics
MONTGOMERY, AL average 1BR rent: $801, median: $800
MONTGOMERY, AL average 2BR rent: $960, median: $960
MONTGOMERY, AL average 3BR rent: $1,218, median: $1,220

MONTGOMERY, AL Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 4,335 $1,055,585,000 $243,503
Cash Out Refi 983 $158,865,000 $161,612
Refi 546 $105,740,000 $193,663
Other 428 $38,980,000 $91,075
Home Improvement 265 $19,535,000 $73,717

Montgomery's most frequently cited loan purpose was Home Purchase, with 4,335 originations. The 2nd most popular reason was Cash Out Refi, with 983 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 2,390 $555,540,000 $232,444
7-8% 1,652 $319,650,000 $193,493
Over 8% 1,171 $111,845,000 $95,512
5-6% 984 $262,020,000 $266,280
4-5% 99 $23,435,000 $236,717
3-4% 46 $17,980,000 $390,870
<2.5% 26 $5,070,000 $195,000
2.5-3% 14 $3,280,000 $234,286

During 2023, Montgomery's most frequently originated rate bucket was 6-7%, with 2,390 originations.

Loan Sizing (MONTGOMERY, AL MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 2,142 $598,690,000 $279,500
$100k-200k 2,030 $298,710,000 $147,148
$100,000 or less 1,840 $98,780,000 $53,685
$400k-600k 428 $200,120,000 $467,570
$600k-1000k 84 $61,240,000 $729,048
$Over $1MM 33 $121,165,000 $3,671,667

MONTGOMERY's loan sizing saw the bucket of loans from $200k-400k with 2,142 originations, totaling $598,690,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 3,241 $792,845,000 $244,630
60-80% 1,202 $278,440,000 $231,647
Under 20% 726 $27,260,000 $37,548
20-40% 546 $57,270,000 $104,890
40-60% 399 $84,805,000 $212,544
Over 100% 246 $75,480,000 $306,829

MONTGOMERY's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 3,241 originations, totaling $792,845,000 in origination value.