Housing in Montgomery, AL (36110) is very affordable compared to the national average. The median value of a house in this area is $65,500, which is much lower than the national median of $338,100. Furthermore, houses in Montgomery have seen greater appreciation over the past year than the US overall; they have appreciated by 13.14%, while the US has seen an appreciation of 8.27%. This makes Montgomery an attractive option for those looking for a more affordable housing market with increasing values.
The median home cost in Montgomery (zip 36110) is $65,500. Home appreciation the last 10 years has been 41.9%. Home Appreciation in Montgomery (zip 36110) is up 16.6%.
Average Age of Homes
- The median age of Montgomery (zip 36110) real estate is 50 years old
The Rental Market in Montgomery (zip 36110)
- Renters make up 38.7% of the Montgomery (zip 36110) population
- 1.6% of houses and apartments in Montgomery (zip 36110), 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.