The housing market in Montgomery, AL County is flourishing. The median value of homes there is $136,100, which is much lower than the US median value of $338,100. For those looking to invest in a home in this area, they can expect to see an appreciation rate of 15.13%, compared to the US average of 8.27%. This makes Montgomery a great option for those seeking an affordable and lucrative housing market.
The median home cost in Montgomery County is $136,100. Home appreciation the last 10 years has been 42.2%. Home Appreciation in Montgomery County is up 16.3%.
Average Age of Homes
- The median age of Montgomery County real estate is 39 years old
The Rental Market in Montgomery County
- Renters make up 34.7% of the Montgomery County population
- 3.5% of houses and apartments in Montgomery County, 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.