36116 Home Values & Market Trends

There are 32 homes currently listed for 36116. 36116 real estate market trends show that home prices range from $65,000 to $579,900, and the median sales price in the 36116 zip code is $131,258.34. The total number of properties sold within the past twelve months is 583. In 36116, 22 properties are in foreclosure, 7 are bank owned properties,and 15 are headed for auction.

36116 Real Estate Market Overview

CityMedian Est. Value
Montgomery

$ 159,950

$ 94/sqft

Housing Market Summary for 36116

Mar 2023February 2024Change
Median Listing Price$147.5K$134.9K-8.54%
Median Sold Price$132K$134.9K2.23%
Homes For Sale4433-25.00%
Homes Sold22127323.53%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 36116

The median list price of a home in Montgomery, is $131,258.34. A total of 32 properties are for sale, and the percentage of properties for sale in the zip code is 32.00%. The total count of 36116 properties is 11,972.

Foreclosure
There is 1 cities within 36116; within this cities, the median estimated home value for homes in foreclosure ranges from $635,361 in montgomery to the lowest value of $17,242 in montgomery. Foreclosure homes account for 0.00% of properties in 36116 with montgomery containing 114 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 36116 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 36116; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 36116 ranges from the highest value of $499,900 in montgomery to the lowest value of $24,000 in montgomery. Bank owned homes and properties account for 0.06% of properties in 36116. There is 1 cities within 36116; montgomery containing 43 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    montgomery has 71 auction properties, the highest number of properties going to auction in a single city in the state of 36116. Auction homes and other auction properties account for 0.13% of all properties in 36116. There is 1 cities within 36116; of that cities, the median estimated home value for homes going to auction ranges from $635,361 in montgomery to the lowest value of $17,242 in montgomery.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.27% of residential properties in 36116 with montgomery containing 196 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 36116; homes for sale in that cities, have a range of median values from $729,000 in montgomery to the lowest value of $13,701 in montgomery.
    Sold Homes
    The median value for recently sold homes ranges from $1,490,749 in montgomery to the lowest price of $14,980 in montgomery. There is 1 cities within 36116. montgomery has 1672 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.34% of properties in 36116.

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      Guide for 36116

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      California
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      See More Articles
      Federal Eviction Ban Overturned. Here’s Why
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      Last month we asked if it was possible that eviction moratoriums from the federal government were illegal. “If you’re a real estate investor with rental properties you depend on monthly rental payments to cover the mortgage, taxes, repairs, and other costs. But what happens if the government says, nope, you can’t evict tenants who don’t […]

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      Learn about the key factors to consider when determining how much to spend on your first home.

      Oakland Real Estate Market Experiences Cooling Trend After 2023 Peak: Overview & Analysis
      California|posted 6 March 2024

      Oakland’s real estate market, along with its neighboring cities, experienced a peak in 2023 but slowly began to cool off in 2024.