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Montgomery Metro Area Housing

 

As of 2010-2014, median price of a house in Montgomery Area is $128,500, which is about the same as the state average of $123,800 and is lower than the national average of $175,700. The median year that a house in Montgomery Area was built is 1982, which is about the same as the median year for a house built in the state which is 1981 and is newer than 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 93,587 Owner Occupied Houses in Montgomery Area, #401
Montgomery Area
128,500 USD
Alabama
123,800 USD
U.S.
175,700 USD
Median House Price Growth Since 2005-2009, see rank
Montgomery Area
7.71%
Alabama
45.48%
U.S.
46.91%

*The Montgomery Area median house price growth rate is since 2005-2009. The Alabama and U.S population growth rate is since 2000.
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 AreaAlabamaU.S.
Total Housing Units163,130, see rank, 100%2,190,638132,741,033
Occupied Housing Units142,351, 87.26%, see rank84.09%87.55%
Owner Occupied93,587, 57.37%, see rank58.17%56.34%
Renter Occupied48,764, 29.89%, see rank25.93%31.21%
Vacant Housing Units20,779, 12.74%, see rank15.91%12.45%
For Rent3,806, 2.33%, see rank2.61%2.34%
For Sale Only2,265, 1.39%, see rank1.54%1.20%
Rented or Sold, Not Occupied1,223, 0.75%, see rank1.25%0.92%
For Seasonal, Recreational, or Occasional Use3,731, 2.29%, see rank3.76%3.97%
For Migrant Workers51, 0.03%, see rank0.03%0.03%
Other Vacant9,703, 5.95%, see rank6.71%4.00%

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

Year Structure Built

Median Built Year, #188
Montgomery AreaAlabamaU.S.
198219811976

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 Area%AlabamaU.S.
Owner-Occupied Units93,587100%1,274,19674,787,460
With a Mortgage62,99767.31%, see rank58.96%65.58%
Without a Mortgage30,59032.69%, 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 Area
1,157 USD
Alabama
1,159 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsMontgomery Area%AlabamaU.S.
$299 or Less2010.32%, see rank0.23%0.20%
$300 to $4991,4662.33%, see rank2.96%1.59%
$500 to $6994,8177.65%, see rank9.57%5.01%
$700 to $99916,59526.34%, see rank24.89%14.32%
$1,000 to $1,49922,38635.54%, see rank34.17%27.90%
$1,500 to $1,99910,12116.07%, see rank16.11%20.35%
$2,000 to $2,9995,8109.22%, see rank9.13%19.52%
$3,000 or More1,6012.54%, see rank2.95%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Montgomery Area
21.80% 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 Area%AlabamaU.S.
10% or Less4,6967.45%, see rank7.30%5.86%
10% to 20%23,08036.64%, see rank37.14%31.95%
20% to 30%16,36125.97%, see rank25.71%27.64%
30% to 40%7,53411.96%, see rank11.45%13.74%
40% or More10,92317.34%, 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 Area
365 USD
Alabama
349 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsMontgomery Area%AlabamaU.S.
$199 or Less2,9259.56%, see rank11.83%7.76%
$200 to $2997,11023.24%, see rank24.55%14.70%
$300 to $49913,78545.06%, see rank42.72%34.63%
$500 to $6995,00716.37%, see rank14.46%21.16%
$700 or More1,7635.76%, see rank6.44%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Montgomery Area
10.60% 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 Area%AlabamaU.S.
10% or Less14,37546.99%, see rank43.66%40.19%
10% to 20%8,96829.32%, see rank30.25%31.47%
20% to 30%2,8709.38%, see rank11.03%12.24%
30% to 40%1,3204.32%, see rank5.23%5.64%
40% or More2,5908.47%, 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 AreaAlabamaU.S.
Total Housing Units163,130, 100%2,190,638132,741,033
1-unit, Detached114,987, 70.49%, see rank68.53%61.65%
1-unit, Attached3,706, 2.27%, see rank1.66%5.82%
2 Units2,511, 1.54%, see rank2.09%3.75%
3 or 4 Units5,890, 3.61%, see rank2.93%4.43%
5 to 9 Units10,173, 6.24%, see rank4.20%4.78%
10 or More Units9,679, 5.93%, see rank6.84%13.08%
Mobile Home, Boat, RV, Van, etc.16,184, 9.92%, see rank13.74%6.49%

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

Rooms

 Montgomery AreaAlabamaU.S.
Total Housing Units163,130, 100%2,190,638132,741,033
1 Room1,625, 1.00%, see rank1.12%1.95%
2 Rooms1,558, 0.96%, see rank1.17%2.48%
3 Rooms10,272, 6.30%, see rank5.77%9.13%
4 Rooms21,167, 12.98%, see rank15.10%16.60%
5 Rooms35,810, 21.95%, see rank23.28%20.41%
6 Rooms35,253, 21.61%, see rank20.97%18.06%
7 Rooms25,065, 15.37%, see rank13.59%12.27%
8 Rooms16,216, 9.94%, see rank8.86%8.48%
9 Rooms or More16,164, 9.91%, see rank10.13%10.60%
Median Rooms5.80, see rank5.705.50

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

Bedrooms

 Montgomery AreaAlabamaU.S.
Total Housing Units163,130, 100%2,190,638132,741,033
No Bedroom1,776, 1.09%, see rank1.21%2.17%
1 Bedroom10,701, 6.56%, see rank6.20%11.16%
2 Bedrooms32,468, 19.90%, see rank23.92%26.69%
3 Bedrooms81,474, 49.94%, see rank49.95%39.70%
4 Bedrooms31,449, 19.28%, see rank15.40%16.05%
5 or More Bedrooms5,262, 3.23%, see rank3.33%4.22%

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

House Heating Fuel

 Montgomery AreaAlabamaU.S.
Total Housing Units142,351, 100%1,842,174116,211,092
Utility Gas57,589, 40.46%, see rank29.16%48.85%
Bottled, Tank, or LP Gas10,339, 7.26%, see rank7.18%4.86%
Electricity72,853, 51.18%, see rank61.92%36.68%
Fuel Oil, Kerosene, etc.161, 0.11%, see rank0.21%5.86%
Coal or Coke16, 0.01%, see rank0.01%0.12%
Wood782, 0.55%, see rank1.11%2.12%
Solar Energy0, 0.00%, see rank0.01%0.05%
Other Fuel147, 0.10%, see rank0.09%0.47%
No Fuel Used464, 0.33%, see rank0.31%1.00%

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

Gross Rent

Monthly RentalMontgomery AreaAlabamaU.S.
Occupied Units Paying Rent45,049, 100%505,13639,201,928
$199 or Less580, 1.29%, see rank2.18%1.50%
$200 to $2991,416, 3.14%, see rank5.01%3.18%
$300 to $4993,633, 8.06%, see rank14.15%7.37%
$500 to $6999,585, 21.28%, see rank26.64%16.01%
$700 to $99918,242, 40.49%, see rank32.35%29.17%
$1,000 to $1,4999,175, 20.37%, see rank15.87%26.88%
$1,500 to $1,9991,858, 4.12%, see rank2.54%9.79%
$2,000 or More560, 1.24%, see rank1.26%6.10%
Median$816, see rank$715$920

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

Vehicle Available

 Montgomery AreaAlabamaU.S.
Occupied Housing Units142,351, 100%1,842,174116,211,092
No Vehicles Available10,175, 7.15%, see rank6.48%9.12%
1 Vehicles Available49,510, 34.78%, see rank32.94%33.80%
2 Vehicles Available52,327, 36.76%, see rank37.28%37.48%
3 or More Vehicles Available30,339, 21.31%, see rank23.30%19.61%

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


 
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