The housing market in 36113 Montgomery, AL is quite strong. The median value of a house in the area is $149,800, which is significantly lower than the US median house value of $338,100. In the past year alone, the appreciation rate for houses in 36113 Montgomery, AL has been 13.14%, which is higher than the US average of 8.27%. This shows that despite being lower than the national median house value, the area still maintains a healthy housing market and can be an attractive option for potential buyers.
The median home cost in Montgomery (zip 36113) is $149,800. Home appreciation the last 10 years has been 41.9%. Home Appreciation in Montgomery (zip 36113) is up 16.6%.
Average Age of Homes
- The median age of Montgomery (zip 36113) real estate is 68 years old
The Rental Market in Montgomery (zip 36113)
- Renters make up 95.0% of the Montgomery (zip 36113) population
- 7.0% of houses and apartments in Montgomery (zip 36113), 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.