The housing market in Montgomery, AL (36112) is quite impressive compared to the US median. The median value of a house in 36112 is $166,800 while the US median is $338,100. Furthermore, the 1 year appreciation rate for houses in 36112 is 13.14%, which is higher than the 8.27% appreciation rate seen across the rest of the country. This indicates that Montgomery's housing market is thriving and seeing significant growth over the past year.
The median home cost in Montgomery (zip 36112) is $166,800. Home appreciation the last 10 years has been 41.9%. Home Appreciation in Montgomery (zip 36112) is up 16.6%.
Average Age of Homes
- The median age of Montgomery (zip 36112) real estate is 39 years old
The Rental Market in Montgomery (zip 36112)
- Renters make up 100.0% of the Montgomery (zip 36112) population
- 0.0% of houses and apartments in Montgomery (zip 36112), 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.