Zip 36117 (Montgomery, AL) Housing

The housing market in 36117 Montgomery, AL is a great investment opportunity. The median value of homes in this area is $233,500, which is substantially lower than the US median value of $338,100. Additionally, over the past year the appreciation rate for homes in 36117 Montgomery has been 13.14%, which is higher than the national average of 8.27%. This makes 36117 Montgomery an attractive place to buy a home and start building equity.

The median home cost in Montgomery (zip 36117) is $233,500. Home appreciation the last 10 years has been 41.9%. Home Appreciation in Montgomery (zip 36117) is up 16.6%.

Average Age of Homes

- The median age of Montgomery (zip 36117) real estate is 24 years old

The Rental Market in Montgomery (zip 36117)

- Renters make up 36.3% of the Montgomery (zip 36117) population
- 3.2% of houses and apartments in Montgomery (zip 36117), 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
	23,426.0	139,647,020.0
	27	42
	$233,500	$338,100
	16.6%	16.6%
	44.6%	57.0%
	41.9%	101.1%
	$3.87	$10.98
	$729	$2,690
	54.7%	57.4%
	9.1%	11.2%
	36.3%	31.4%
Vacant Housing
	3.2%	1.9%
	0.7%	0.4%
	1.3%	0.7%
	0.5%	0.4%
	0.5%	3.6%
	2.9%	4.1%
Value of Owner-Occupied Housing
	1.2%	2.6%
	0.2%	2.4%
	0.6%	2.8%
	2.6%	3.9%
	9.2%	4.5%
	22.2%	11.3%
	18.5%	13.0%
	25.3%	20.1%
	11.4%	13.6%
	4.3%	8.3%
	2.6%	9.7%
	1.1%	3.9%
	0.5%	2.2%
	0.2%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	22.2%	13.6%
	22.2%	13.6%
	29.7%	13.6%
	18.6%	13.2%
	15.8%	14.8%
	29.7%	13.6%
	0.8%	10.0%
	0.1%	4.7%
	0.8%	12.2%

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