Montgomery, AL 36106 has an impressive housing market compared to the national average. The median value of homes in Montgomery is $189,900, significantly lower than the US House Median Value of $338,100. While the US House Appreciation rate is 8.27%, Montgomery's rate is even higher at 13.14%. This suggests that housing in Montgomery is a great investment opportunity that can potentially yield high returns for homeowners.
The median home cost in Montgomery (zip 36106) is $189,900. Home appreciation the last 10 years has been 41.9%. Home Appreciation in Montgomery (zip 36106) is up 16.6%.
Average Age of Homes
- The median age of Montgomery (zip 36106) real estate is 39 years old
The Rental Market in Montgomery (zip 36106)
- Renters make up 35.5% of the Montgomery (zip 36106) population
- 4.4% of houses and apartments in Montgomery (zip 36106), 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.