Zip Code:

36104, Montgomery, AL

36104 is a Alabama Zip code within the city of Montgomery and the county of Montgomery County. Its population is roughly 8,465.

The Real Estate Market in the 36104 Zip Code of Montgomery, Alabama

Montgomery, Alabama is a city located in the southeastern corner of the state. The population of Montgomery was 210,591 as of the 2010 census. The 36104 zip code covers most of Montgomery and has a population of 176,811. Home prices in this zip code have increased significantly over the past few years and are now among the highest in Alabama.

The median home value in 36104 was $141,200 as of September 30, 2016. This is more than double the median home value of $60,000 for all zip codes in Alabama. The increase in home values has been driven by strong demand and limited supply. In addition, Montgomery's economy is strong and continues to grow rapidly. This combination has led to rising home values throughout Montgomery County and statewide.

The average price per square foot for homes in 36104 was $128 as of September 30, 2016. This is higher than the statewide average price per square foot ($106) but lower than the national average price per square foot ($135). There are several factors that contribute to this disparity: location (more expensive areas tend to have higher prices), size (larger homes typically command a higher price), age (older homes tend to be more expensive), and condition (a newer home will generally cost more than an older one).

Despite being among the most expensive zip codes in Alabama, there are still plenty of opportunities for buyers who want to purchase a home in 36104. The availability rate for homes within this zip code was 95% as of September 30, 2016 which is above the statewide availability rate of 84%. In addition, there are numerous neighborhoods within 36104 that offer a variety of housing options - from single-family homes to condos and apartments - at different price points.

Price Index: Montgomery, AL

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