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Montgomery, AL Housing

 
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As of 2010-2014, median price of a house in Montgomery is $119,500, which is about the same as the state average of $123,800 and is lower than the national average of $175,700. The Montgomery median house value has grown by 37.67% since 2000. The growth rate for the price of a house in Montgomery is lower than the state average rate of 45.48% and is lower than the national average rate of 46.91%. The median year that a house in Montgomery was built is 1977, which is older than the median year for a house built in the state which is 1981 and is about the same as the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 45,651 Owner Occupied Houses in Montgomery, AL, #150
Montgomery, AL
119,500 USD
Alabama
123,800 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #264
Montgomery, AL
37.67%
Alabama
45.48%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Montgomery, ALAlabamaU.S.
Total Housing Units92,036, see rank, 100%2,190,638132,741,033
Occupied Housing Units79,760, 86.66%, see rank84.09%87.55%
Owner Occupied45,651, 49.60%, see rank58.17%56.34%
Renter Occupied34,109, 37.06%, see rank25.93%31.21%
Vacant Housing Units12,276, 13.34%, see rank15.91%12.45%
For Rent2,743, 2.98%, see rank2.61%2.34%
For Sale Only1,348, 1.46%, see rank1.54%1.20%
Rented or Sold, Not Occupied1,052, 1.14%, see rank1.25%0.92%
For Seasonal, Recreational, or Occasional Use1,030, 1.12%, see rank3.76%3.97%
For Migrant Workers0, 0.00%, see rank0.03%0.03%
Other Vacant6,103, 6.63%, see rank6.71%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #285
Montgomery, ALAlabamaU.S.
197719811976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Montgomery, AL%AlabamaU.S.
Owner-Occupied Units45,651100%1,274,19674,787,460
With a Mortgage31,80069.66%, see rank58.96%65.58%
Without a Mortgage13,85130.34%, see rank41.04%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Montgomery, AL
1,126 USD
Alabama
1,159 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsMontgomery, AL%AlabamaU.S.
$299 or Less760.24%, see rank0.23%0.20%
$300 to $4996692.10%, see rank2.96%1.59%
$500 to $6992,3637.43%, see rank9.57%5.01%
$700 to $9999,07928.55%, see rank24.89%14.32%
$1,000 to $1,49911,74336.93%, see rank34.17%27.90%
$1,500 to $1,9994,12112.96%, see rank16.11%20.35%
$2,000 to $2,9992,8789.05%, see rank9.13%19.52%
$3,000 or More8712.74%, see rank2.95%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Montgomery, AL
22.10% of the Total Income
Alabama
21.70% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Montgomery, AL%AlabamaU.S.
10% or Less2,2827.18%, see rank7.30%5.86%
10% to 20%11,42935.94%, see rank37.14%31.95%
20% to 30%8,40726.44%, see rank25.71%27.64%
30% to 40%3,82612.03%, see rank11.45%13.74%
40% or More5,61917.67%, see rank17.78%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Montgomery, AL
372 USD
Alabama
349 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsMontgomery, AL%AlabamaU.S.
$199 or Less1,1428.24%, see rank11.83%7.76%
$200 to $2993,04121.96%, see rank24.55%14.70%
$300 to $4996,48746.83%, see rank42.72%34.63%
$500 to $6992,37717.16%, see rank14.46%21.16%
$700 or More8045.80%, see rank6.44%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Montgomery, AL
10.10% of the Total Income
Alabama
11.40% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Montgomery, AL%AlabamaU.S.
10% or Less6,75248.75%, see rank43.66%40.19%
10% to 20%4,11729.72%, see rank30.25%31.47%
20% to 30%1,1308.16%, see rank11.03%12.24%
30% to 40%5864.23%, see rank5.23%5.64%
40% or More1,0757.76%, see rank8.16%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Montgomery, ALAlabamaU.S.
Total Housing Units92,036, 100%2,190,638132,741,033
1-unit, Detached63,962, 69.50%, see rank68.53%61.65%
1-unit, Attached2,881, 3.13%, see rank1.66%5.82%
2 Units1,884, 2.05%, see rank2.09%3.75%
3 or 4 Units4,882, 5.30%, see rank2.93%4.43%
5 to 9 Units8,592, 9.34%, see rank4.20%4.78%
10 or More Units7,761, 8.43%, see rank6.84%13.08%
Mobile Home, Boat, RV, Van, etc.2,074, 2.25%, see rank13.74%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Montgomery, ALAlabamaU.S.
Total Housing Units92,036, 100%2,190,638132,741,033
1 Room1,311, 1.42%, see rank1.12%1.95%
2 Rooms860, 0.93%, see rank1.17%2.48%
3 Rooms7,111, 7.73%, see rank5.77%9.13%
4 Rooms13,735, 14.92%, see rank15.10%16.60%
5 Rooms19,969, 21.70%, see rank23.28%20.41%
6 Rooms18,739, 20.36%, see rank20.97%18.06%
7 Rooms13,057, 14.19%, see rank13.59%12.27%
8 Rooms8,729, 9.48%, see rank8.86%8.48%
9 Rooms or More8,525, 9.26%, see rank10.13%10.60%
Median Rooms5.70, see rank5.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Montgomery, ALAlabamaU.S.
Total Housing Units92,036, 100%2,190,638132,741,033
No Bedroom1,442, 1.57%, see rank1.21%2.17%
1 Bedroom7,768, 8.44%, see rank6.20%11.16%
2 Bedrooms21,455, 23.31%, see rank23.92%26.69%
3 Bedrooms42,749, 46.45%, see rank49.95%39.70%
4 Bedrooms16,181, 17.58%, see rank15.40%16.05%
5 or More Bedrooms2,441, 2.65%, see rank3.33%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Montgomery, ALAlabamaU.S.
Total Housing Units79,760, 100%1,842,174116,211,092
Utility Gas43,170, 54.12%, see rank29.16%48.85%
Bottled, Tank, or LP Gas838, 1.05%, see rank7.18%4.86%
Electricity35,380, 44.36%, see rank61.92%36.68%
Fuel Oil, Kerosene, etc.40, 0.05%, see rank0.21%5.86%
Coal or Coke0, 0.00%, see rank0.01%0.12%
Wood152, 0.19%, see rank1.11%2.12%
Solar Energy0, 0.00%, see rank0.01%0.05%
Other Fuel0, 0.00%, see rank0.09%0.47%
No Fuel Used180, 0.23%, see rank0.31%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalMontgomery, ALAlabamaU.S.
Occupied Units Paying Rent32,277, 100%505,13639,201,928
$199 or Less408, 1.26%, see rank2.18%1.50%
$200 to $2991,099, 3.40%, see rank5.01%3.18%
$300 to $4992,494, 7.73%, see rank14.15%7.37%
$500 to $6996,562, 20.33%, see rank26.64%16.01%
$700 to $99913,445, 41.66%, see rank32.35%29.17%
$1,000 to $1,4996,767, 20.97%, see rank15.87%26.88%
$1,500 to $1,9991,096, 3.40%, see rank2.54%9.79%
$2,000 or More406, 1.26%, see rank1.26%6.10%
Median$818, see rank$715$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Montgomery, ALAlabamaU.S.
Occupied Housing Units79,760, 100%1,842,174116,211,092
No Vehicles Available6,850, 8.59%, see rank6.48%9.12%
1 Vehicles Available32,039, 40.17%, see rank32.94%33.80%
2 Vehicles Available27,403, 34.36%, see rank37.28%37.48%
3 or More Vehicles Available13,468, 16.89%, see rank23.30%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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