Welcome to our 36117 real estate data hub, tailored for investors in Montgomery, AL. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 36117 in Montgomery, AL. Discover Section 8 housing opportunities and challenges to maximize your investment potential in MONTGOMERY COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Montgomery, AL real estate investing. Uncover the wealth of information available, and position yourself for success in the Montgomery property market.
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Location Overview
- Zip Code: 36117
- City: Montgomery
- State: AL
- Metro Area: Montgomery, AL
- County Name: MONTGOMERY COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $236,962
- Average Home Price (Single Family Homes): $237,356
- Average Monthly Rental Price (All Types): $1,401
- Price-to-Rent Ratio: 14
- Zillow Projected % appreciation from 4/2023-4/2024: 0.5%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,150
- Average 3 Bedroom Section 8 Rental Rates: $1,460
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 17.17
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 13.53
- Number of Units Offered in Section 8 in the County: 1853
- Number of Occupied Units in Section 8 in the County: 1768
- Percentage of Section 8 Units Occupied in the County: 95.40000153%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 72.84
- Total % Appreciation since 2000 (Government Data): 44.56
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.73%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 5.76%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 27.91%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 39.02%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 40.84%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 12.4%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 39.12%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 0.34%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 5.06%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 25.97%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 31.55%