Zip 36109 (Montgomery, AL) Housing

The housing market in 36109 Montgomery, AL is very strong. The median value of a house in this region is $145,100, which is significantly lower than the US median value of $338,100. However, the one-year appreciation rate for homes in this area is 13.14%, which is much higher than the US average of 8.27%. This indicates that there is a great potential for growth and a good investment opportunity for people looking to buy or invest in real estate in this area.

The median home cost in Montgomery (zip 36109) is $145,100. Home appreciation the last 10 years has been 41.9%. Home Appreciation in Montgomery (zip 36109) is up 16.6%.

Average Age of Homes

- The median age of Montgomery (zip 36109) real estate is 47 years old

The Rental Market in Montgomery (zip 36109)

- Renters make up 21.6% of the Montgomery (zip 36109) population
- 2.6% of houses and apartments in Montgomery (zip 36109), 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
	11,116.0	139,647,020.0
	49	42
	$145,100	$338,100
	16.6%	16.6%
	44.6%	57.0%
	41.9%	101.1%
	$3.86	$10.98
	$455	$2,690
	59.7%	57.4%
	9.5%	11.2%
	30.8%	31.4%
Vacant Housing
	2.6%	1.9%
	0.3%	0.4%
	0.9%	0.7%
	1.3%	0.4%
	0.8%	3.6%
	3.6%	4.1%
Value of Owner-Occupied Housing
	2.7%	2.6%
	0.9%	2.4%
	1.6%	2.8%
	10.9%	3.9%
	17.0%	4.5%
	38.1%	11.3%
	16.3%	13.0%
	6.7%	20.1%
	3.5%	13.6%
	1.6%	8.3%
	0.5%	9.7%
	0.0%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.0%	13.6%
	4.0%	13.6%
	11.6%	13.6%
	10.3%	13.2%
	28.3%	14.8%
	11.6%	13.6%
	23.9%	10.0%
	4.8%	4.7%
	1.3%	12.2%

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