Home Values

36109 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$96,400

  • -0.6% 1-year change
  • None 1-year forecast

The median home value in 36109 is $96,400. 36109 home values have declined -0.6% over the past year. The median rent price in 36109 is $850, which is higher than the Montgomery median of $800.

Foreclosures will be a factor impacting home values in the next several years. In 36109 0.5 homes are foreclosed (per 10,000). This is greater than the Montgomery value of 0.1 and also lower than the national value of 3.8

With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 36109 homeowners underwater on their mortgage is 31.1%, which is higher than Montgomery at 29.4%.

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Relative ZHVI
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36109 Market Overview

Data through Jun 30, 2015
  • $96,400 ZHVI
  • No data 1-yr forecast
  • No data Median listing price
  • $99,544 Median sale price (May 31, 2015)
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36109 Market Health

Data through Jun 30, 2015
  • 6.0/10 Healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 31.1% Homes with negative equity (15.4% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.0% US Avg)
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Nearby Zip Codes

Name Median ZHVI
36106 $132,500
36111 $106,100
36107 $50,200
Name Median ZHVI
36110 $45,600
 
 

Listings & Sales

Data through May 31, 2015
  • No recent data Median list price / sq ft
  • $56 Median sale price / sq ft
  • No data Listings with price cut
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36109 Rentals

Data through Jun 30, 2015
  • Zillow Rent Index

  • $905 36109
    $852 Montgomery
    $1,369 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • $850 Rent list price
  • $0.53 Rent list price / sq ft
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