The housing market in 36117 Montgomery, AL is a great investment opportunity. The median value of homes in this area is $233,500, which is substantially lower than the US median value of $338,100. Additionally, over the past year the appreciation rate for homes in 36117 Montgomery has been 13.14%, which is higher than the national average of 8.27%. This makes 36117 Montgomery an attractive place to buy a home and start building equity.
The median home cost in Montgomery (zip 36117) is $233,500. Home appreciation the last 10 years has been 41.9%. Home Appreciation in Montgomery (zip 36117) is up 16.6%.
Average Age of Homes
- The median age of Montgomery (zip 36117) real estate is 24 years old
The Rental Market in Montgomery (zip 36117)
- Renters make up 36.3% of the Montgomery (zip 36117) population
- 3.2% of houses and apartments in Montgomery (zip 36117), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.