Montgomery, AL 36108 Real Estate Market Report

ZIP Code: 36108
Report Date: May 2026
Market Temperature: NEUTRAL
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.

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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.

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Market Metrics

Note: 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.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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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 6.38%, which is 0.51% higher than the 5.87% average observed during February 2026 originations.

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

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Key Findings

1. The primary indicator of recent market value is the <strong>median sold price</strong> of 103,500, which represents the most reliable signal of what buyers are actually paying in ZIP 36108 and should be used to calibrate pricing and underwriting assumptions.

2. Relative pricing context shows a <strong>median price per square foot</strong> of 74.33, which, when combined with the median sold price, suggests modest absolute price levels—pricing strategy should prioritize comparables and condition adjustments rather than aggressive list premiums; sample-based transaction volume appears moderate given the analyzed closed sales.

3. Rental market context is supportive of buy-to-rent demand: the <strong>median market rent</strong> is 1,200 and the rent year-over-year trend is up, which may encourage investor interest where cashflow models are viable.

4. Market dynamics are balanced: the market temperature is neutral with the price year-over-year trend up, but interest rate pressure is elevated (elevated)—notably, current 30-year fixed mortgage rates are 6.38%, which is 0.51% higher than the 5.87% average during February 2026 originations; this combination suggests measured appreciation with potential buyer cost sensitivity and pricing friction, and inventory appears elevated relative to sales activity which may lengthen negotiation windows.

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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.