Why Live in Downtown Montgomery
Downtown Montgomery is a neighborhood rich in history and contemporary amenities. Known for its significant role in the Civil Rights Movement, it features numerous historical markers and the Rosa Parks memorial statue. The area is home to a variety of attractions, including the Legacy Museum, the Rosa Parks Museum, and the Hank Williams Museum. Residents and visitors can enjoy the scenic riverwalk, Riverwalk Stadium, and the Davis Theatre for the Performing Arts. The neighborhood offers a mix of renovated historic homes with welcoming porches and modern condominiums. Baldwin Magnet School, located downtown, is highly rated and offers specialized programs in arts and academics. Dining options are plentiful, with The Alley hosting some of the city's best restaurants like Central and SaZa Serious Italian Food. Chris’ Famous Hotdogs, a local landmark, has been serving comfort food since 1917. Shopping is convenient with the Court Square Shopping Center and boutiques like ISHI? and Looking Good. The neighborhood is safer than the national average, and transportation is facilitated by numerous bus stops and a main train station along the riverfront. Interstate 65 and Interstate 85 intersect nearby, providing easy travel access.
Frequently Asked Questions
Is Downtown Montgomery a good place to live?
Downtown Montgomery is a good place to live. Downtown Montgomery is considered somewhat walkable and somewhat bikeable with some transit options. Downtown Montgomery is a suburban neighborhood. Downtown Montgomery has 6 parks for recreational activities. It is fairly sparse in population with 3.4 people per acre and a median age of 38. The average household income is $68,486 which is below the national average. College graduates make up 34.4% of residents. A majority of residents in Downtown Montgomery are renters, with 87.7% of residents renting and 12.3% of residents owning their home. A
local real estate agent serving Downtown Montgomery can help you decide if this neighborhood is the right one for you. Learn more on our
Downtown Montgomery neighborhood guide.
How much do you need to make to afford a house in Downtown Montgomery?
The median home price in Downtown Montgomery is $225,000. If you put a 20% down payment of $45,000 and had a 30-year fixed mortgage with an interest rate of 6.35%, your estimated principal and interest payment would be $1,120 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $48K a year to afford the median home price in Downtown Montgomery. The average household income in Downtown Montgomery is $68K.
What are the best public schools in Downtown Montgomery?
The best public schools that serve Downtown Montgomery are:
What are the best private schools in Downtown Montgomery?
The best private schools that serve Downtown Montgomery are:
What are the most popular zip codes in Downtown Montgomery, Montgomery, AL?
What are the most popular neighborhoods near Downtown Montgomery, Montgomery, AL?
Home Trends in Downtown Montgomery, AL
On average, homes in Downtown Montgomery, Montgomery sell after 111 days on the market compared to the national average of 52 days. The median sale price for homes in Downtown Montgomery, Montgomery over the last 12 months is $210,750, up 17% from the median home sale price over the previous 12 months.
Median Sale Price
$210,750
Median Single Family Sale Price
$169,200
Median Townhouse Sale Price
$499,900
Median 2 Bedroom Sale Price
$225,000
Median 1 Bedroom Sale Price
$160,000
Average Price Per Sq Ft
$111
Number of Homes for Sale
3
Last 12 months Home Sales
6
Median List Price
$225,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
17%