Market Snapshot
- Median listing price
- $200K
- Median rent
- $1,395/mo
- Days on market
- 682 days
- Gross rental yield
- 8.37%
- STR vs LTR
- $2,121/mo STR · $1,395/mo LTR
The median listing price in Montgomery, AL ZIP 36106 is $199,900 as of June 2026.
The median market rent in Montgomery, AL ZIP 36106 is $1,395/month as of June 2026.
The median days on market in Montgomery, AL ZIP 36106 is 682 days as of June 2026. The market is currently neutral.
At a median list price of $199,900 and a median rent of $1,395/month, the gross rental yield in Montgomery, AL ZIP 36106 is 8.37% as of June 2026.
In Montgomery, AL ZIP 36106, median Airbnb revenue is $2,121/month compared to median long-term rent of $1,395/month as of June 2026.
Montgomery, AL 36106 Real Estate Market Report
ZIP Code: 36106
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
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.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current 30-year fixed mortgage rates in Montgomery, AL, are averaging approximately 6.53%, reflecting a high-rate environment that remains elevated compared to historical lows.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- The neighborhood's primary indicator, the median sold price (203,000), anchors current market value and suggests modest appreciation given the broader context of recent transactions in the area.
- The median days on market (682) signals slower sales velocity and may indicate extended negotiation windows or increased time-to-close for typical SFR and condo transactions; sellers and investors should plan for longer marketing periods. stable/neutral market pacing
- The median price per square foot (106) alongside the median market rent (1,395) — with rent up year-over-year — suggests rental demand remains firm and supports buy-and-hold strategies where cash-flow modeling aligns with these rent levels.
- The market temperature (neutral) combined with elevated interest rate pressure (current 30-year fixed mortgage rates averaging approximately 6.53%) may constrain rapid price acceleration even though the price year-over-year trend is up; expect cautious buying behavior and sensitivity to financing costs.
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 above market average
Sold above market average
Representative market sale establishing baseline for properties in the core neighborhood.
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 below 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, 6.53% rate, 0.5% 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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