Montgomery, AL 36116 Real Estate & Property Data

Montgomery, AL 36116 Real Estate Market Trends
Last Updated: March 19, 2024

A total of 620 residential properties have been sold over the past 12 months in 36116. With a median sales price of $126,500 in 36116 and a total of 8 foreclosures in Montgomery, AL 36116. Discover market trends and get the granular level real estate data for Montgomery, AL 36116 to keep your pulse on the housing market. Curate compelling home reports for Montgomery, AL 36116 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Montgomery, AL 36116 Real Estate Market Trends
Total Residential Properties 11,978
Total Commercial Properties 1,010
Avg. Home Age (Single Family Home) 40 Years
Avg. Square Feet (Single Family Home) 1,795
Total 2024 Residential Sales (year-to-date) 40
% of Homes Seriously Underwater (Q1 2024) 2.15%
Total 2023 Residential Sales 580
% of Equity Rich Homes (Q1 2024) 20.13%
Effective 2023 Property Tax 0.64%
Total Foreclosure Filings (year-to-date) 8
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Montgomery, AL 36116 Real Estate Overview

There were 620 residential properties sold in the past year in Montgomery, AL 36116. The median home value in Montgomery, AL 36116 is $115,765. There are a total of 11,978 residential properties in the 36116.

Median Sales Price i
$126,500
(Jan 2024)
-7.7%
year-over-year
y-o-y
  • January '24 Jan '24 $126,500
  • December '23 Dec '23 $159,000
  • November '23 Nov '23 $132,750
  • October '23 Oct '23 $155,000
  • September '23 Sep '23 $177,000
  • August '23 Aug '23 $150,000
  • July '23 Jul '23 $158,300
  • June '23 Jun '23 $160,000
  • May '23 May '23 $155,000
  • April '23 Apr '23 $146,000
  • March '23 Mar '23 $200,000
  • February '23 Feb '23 $160,000
Median Down Payment i
$14,325
(Jan 2024)
+10.2%
year-over-year
y-o-y
  • January '24 Jan '24 $14,325
  • December '23 Dec '23 $14,202
  • November '23 Nov '23 $15,400
  • October '23 Oct '23 $9,587
  • September '23 Sep '23 $18,125
  • August '23 Aug '23 $11,938
  • July '23 Jul '23 $5,108
  • June '23 Jun '23 $5,408
  • May '23 May '23 $27,500
  • April '23 Apr '23 $9,000
  • March '23 Mar '23 $17,070
  • February '23 Feb '23 $18,750
Number of Homes Sold i
40
(Jan 2024)
-28.6%
year-over-year
y-o-y
  • January '24 Jan '24 40
  • December '23 Dec '23 40
  • November '23 Nov '23 35
  • October '23 Oct '23 38
  • September '23 Sep '23 52
  • August '23 Aug '23 42
  • July '23 Jul '23 49
  • June '23 Jun '23 79
  • May '23 May '23 54
  • April '23 Apr '23 36
  • March '23 Mar '23 53
  • February '23 Feb '23 46
Number of Purchase Loans i
29
(Jan 2024)
year-over-year
y-o-y
  • January '24 Jan '24 29
  • December '23 Dec '23 28
  • November '23 Nov '23 24
  • October '23 Oct '23 25
  • September '23 Sep '23 36
  • August '23 Aug '23 31
  • July '23 Jul '23 41
  • June '23 Jun '23 60
  • May '23 May '23 42
  • April '23 Apr '23 22
  • March '23 Mar '23 29
  • February '23 Feb '23 26
Number of REFI Loans i
20
(Jan 2024)
-9.1%
year-over-year
y-o-y
  • January '24 Jan '24 20
  • December '23 Dec '23 28
  • November '23 Nov '23 25
  • October '23 Oct '23 22
  • September '23 Sep '23 19
  • August '23 Aug '23 19
  • July '23 Jul '23 21
  • June '23 Jun '23 19
  • May '23 May '23 15
  • April '23 Apr '23 18
  • March '23 Mar '23 26
  • February '23 Feb '23 11
Number of HELOC Loans i
6
(Jan 2024)
+500%
year-over-year
y-o-y
  • January '24 Jan '24 6
  • December '23 Dec '23 3
  • November '23 Nov '23 11
  • October '23 Oct '23 6
  • September '23 Sep '23 5
  • August '23 Aug '23 7
  • July '23 Jul '23 2
  • June '23 Jun '23 6
  • May '23 May '23 6
  • April '23 Apr '23 9
  • March '23 Mar '23 8
  • February '23 Feb '23 4

Montgomery, AL 36116 Foreclosure Activity

There were a total of 8 Montgomery, AL 36116 properties with a foreclosure filing in January 2024. Lenders started the foreclosure process on 8 Montgomery, AL 36116 properties and repossessed 2 Montgomery, AL 36116 properties through completed foreclosures (REOs) in January 2024.

Total Foreclosure Filings i
8
(Jan 2024)
  • January '24 Jan '24 8
  • December '23 Dec '23 3
  • November '23 Nov '23 4
  • October '23 Oct '23 6
  • September '23 Sep '23 4
  • August '23 Aug '23 3
  • July '23 Jul '23 4
  • June '23 Jun '23 8
  • May '23 May '23 2
  • April '23 Apr '23 3
  • March '23 Mar '23 2
  • February '23 Feb '23 2
Foreclosure Starts i
8
(Jan 2024)
  • January '24 Jan '24 8
  • December '23 Dec '23 3
  • November '23 Nov '23 4
  • October '23 Oct '23 6
  • September '23 Sep '23 4
  • August '23 Aug '23 3
  • July '23 Jul '23 4
  • June '23 Jun '23 8
  • May '23 May '23 2
  • April '23 Apr '23 3
  • March '23 Mar '23 2
  • February '23 Feb '23 2
Completed Foreclosures (REOs) i
2
(Jan 2024)
  • January '24 Jan '24 2
  • December '23 Dec '23 4
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 2
  • August '23 Aug '23 1
  • July '23 Jul '23 N/A
  • June '23 Jun '23 3
  • May '23 May '23 1
  • April '23 Apr '23 N/A
  • March '23 Mar '23 3
  • February '23 Feb '23 6
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