The housing market in 36559 Montrose, AL is particularly strong. The median value of a house in the area is $541,500, which is significantly higher than the national median value of $338,100. Additionally, the house appreciation rate over the past year has been 14.17%, much higher than the national average of 8.27%. This means that homeowners in 36559 Montrose, AL have seen a dramatic increase in their home's value in just one year and that local real estate is likely to remain strong for some time to come.
The median home cost in Montrose (zip 36559) is $541,500. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Montrose (zip 36559) is up 15.3%.
Average Age of Homes
- The median age of Montrose (zip 36559) real estate is 40 years old
The Rental Market in Montrose (zip 36559)
- Renters make up 0.0% of the Montrose (zip 36559) population
- 28.3% of houses and apartments in Montrose (zip 36559), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.