Montgomery, AL 36108 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

Liquidity metrics unavailable due to insufficient data quality.

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. $104,000 is the primary market-value signal based on median sold price and should be treated as the representative recent sale level for SFR and condo transactions in ZIP 36108; use this as the anchor for pricing comparables when setting seller expectations or underwriting offers.
2. Price momentum shows a measured uptick: year-over-year price trend is up while the median price per square foot sits at 73.76, and rent appreciation is also up with a median market rent of 1,250; favorable rent and price direction supports hold/longer-term investment cases where financing aligns.
3. Liquidity and market balance appear neutral: the market temperature is neutral, suggesting balanced negotiation leverage and a moderate sales cadence rather than a runaway seller’s market; expect modest pricing friction and slower sales velocity compared with hotter markets when executing transactions.
4. Financing and cost-of-capital are meaningful constraints: interest rate pressure is elevated and current 30-year fixed mortgage rates for local properties are averaging approximately 6.55%, which may slow buyer purchasing power and extend time-to-contract; elevated interest rate pressure advises conservative underwriting and stress-testing 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.