Montgomery, AL 36107 Real Estate Market Report

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

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The primary market value indicator is the median sold price 90,000, which—when viewed alongside a very long median days on market 495—suggests a representative recent sale level with slower sales velocity and persistent pricing friction in transactions.
2. The market shows low price density with a median price per square foot of 65.87 and a median market rent of 995; with the rent year-over-year trend reported as up, this combination points to increasing rental demand supporting investor interest in SFR and condo assets.
3. Price momentum is positive with the price year-over-year trend listed as up, while the market temperature is neutral and interest rate pressure is moderate; together these signals indicate cautious price appreciation with a balanced market where borrowing costs remain a moderating factor.
4. Liquidity appears muted: despite recent closed transactions supporting a median sold price of 90,000, the long median days on market 495 and the sample’s supply/sales relationship suggest relatively constrained active supply and slower transaction volume, which may prolong time-to-contract for sellers and require realistic pricing to achieve timely sales.

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.