Zip 36107 (Montgomery, AL) Housing

The median value for housing in 36107 Montgomery, AL is $62,500 which is significantly lower than the national median value of $338,100. However, the area has seen much better appreciation over the last year with a 13.14% increase compared to 8.27% nationally. This could be indicative of a growing real estate market in 36107 Montgomery, AL that could offer an attractive opportunity for prospective buyers and investors.

The median home cost in Montgomery (zip 36107) is $62,500. Home appreciation the last 10 years has been 41.9%. Home Appreciation in Montgomery (zip 36107) is up 16.6%.

Average Age of Homes

- The median age of Montgomery (zip 36107) real estate is 68 years old

The Rental Market in Montgomery (zip 36107)

- Renters make up 51.2% of the Montgomery (zip 36107) population
- 4.0% of houses and apartments in Montgomery (zip 36107), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Montgomery, Alabama	United States
	4,106.0	139,647,020.0
	71	42
	$62,500	$338,100
	16.6%	16.6%
	44.6%	57.0%
	41.9%	101.1%
	$3.96	$10.98
	$298	$2,690
	28.5%	57.4%
	24.6%	11.2%
	46.9%	31.4%
Vacant Housing
	4.0%	1.9%
	1.7%	0.4%
	2.4%	0.7%
	1.1%	0.4%
	0.6%	3.6%
	14.8%	4.1%
Value of Owner-Occupied Housing
	3.8%	2.6%
	10.4%	2.4%
	34.1%	2.8%
	15.7%	3.9%
	18.6%	4.5%
	6.9%	11.3%
	4.4%	13.0%
	2.4%	20.1%
	1.9%	13.6%
	0.9%	8.3%
	0.0%	9.7%
	0.9%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.0%	13.6%
	1.0%	13.6%
	1.6%	13.6%
	5.5%	13.2%
	8.9%	14.8%
	1.6%	13.6%
	22.2%	10.0%
	15.9%	4.7%
	33.3%	12.2%

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