Market Snapshot
- Median listing price
- $80K
- Median rent
- $1,050/mo
- Days on market
- 675 days
- Gross rental yield
- 15.77%
- STR vs LTR
- $2,121/mo STR · $1,050/mo LTR
The median listing price in Montgomery, AL ZIP 36104 is $79,900 as of June 2026.
The median market rent in Montgomery, AL ZIP 36104 is $1,050/month as of June 2026.
The median days on market in Montgomery, AL ZIP 36104 is 675 days as of June 2026. The market is currently neutral.
At a median list price of $79,900 and a median rent of $1,050/month, the gross rental yield in Montgomery, AL ZIP 36104 is 15.77% as of June 2026.
In Montgomery, AL ZIP 36104, median Airbnb revenue is $2,121/month compared to median long-term rent of $1,050/month as of June 2026.
Montgomery, AL 36104 Real Estate Market Report
ZIP Code: 36104
Report Date: June 2026
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.
Market Overview
This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Market Metrics
The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Rental Market
Property Taxes
Liquidity & Velocity
Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.
Market Trends & Context
Understanding Market Temperature
A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.
Key Findings
- The neighborhood-value signal is the median sold price of 100,000, which combined with a price year-over-year trend of up suggests recent transaction-level values are stable to modestly appreciating and should be the primary anchor for pricing decisions.
- Despite the median sold price anchoring value, the market exhibits much slower movement: the median days on market is 675, which implies slower sales velocity and potential pricing friction that sellers and investors should factor into time-to-liquidation assumptions.
- Unit-level fundamentals remain modest: the median price per square foot is 50.75 and the median market rent is 1,050, indicating a low cost-per-square-foot market with steady rental demand that may support buy-and-hold strategies if financing and cap-rate targets align.
- Inventory and market balance appear relatively constrained in the analyzed sample, while market temperature is described as neutral and interest rate pressure is elevated; together these factors suggest pricing should be set to attract buyers quickly rather than relying on rising-rate-driven demand to lift offers.
Notable Properties
The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold below market average
Sold above market average
Sold at market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold at market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.50% rate, 0.9% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 6/1/2026
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