The story of this market
The typical home in ZIP 36064 sells for about $493,750, or $189 per square foot.
Prices are up +1.1% from a year ago, so sellers still have some momentum. Homes take about 64 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,550 a month.
ZIP 36064 — Pike Road
The 36064 housing market remains robust, characterized by high median household incomes and strong demand for residential property in the Pike Road area. Prices continue to show steady year-over-year growth, supported by limited inventory and the area's reputation for high-quality schools. Market sentiment is optimistic as the region continues to attract families and professionals seeking suburban stability.
This ZIP is ideal for family buyers seeking newer construction and high-rated schools, as well as professionals commuting to Montgomery who desire a suburban lifestyle.
Median prices moved up 1.1% year over year.
Homes spend a median of 64 days on market with 26.5 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 96.6% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.6% · poverty 5.4% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 36064, Montgomery County AL
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by the Pike Road School system, which is generally characterized by high performance and strong community support compared to regional averages.
The region is subject to standard Alabama climate risks, including severe thunderstorms and occasional tornado activity; flood risk varies by specific parcel location.
Pike Road is experiencing significant residential expansion and suburban development, driven by its proximity to the Montgomery employment core and a reputation for high-quality residential living.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Alabama) — Standard State Ad Valorem Homestead Exemption: Exempts up to $4,000 in assessed valuation from the 6.5 mill state ad valorem tax levy (providing a maximum direct state tax reduction of $26.00). Formula: Adjusted State Tax = Max(0, (Assessed Value - $4,000)) × 0.0065. State (Alabama) — Statewide Ad Valorem Property Tax and Class III Residential Assessment Ratio: Establishes a baseline 6.5 statewide millage rate ($0.0065 per dollar of assessed value) under Ala. Code § 40-8-1 and the Alabama Constitution. County (Montgomery County, Alabama) — Real Property Tax Assessment: Property taxes are calculated based on the assessed value (a percentage of fair market value) multiplied by the applicable millage rates for the county, city, and school districts. Specific rates vary by municipal code. County (Montgomery County, Alabama) — Statewide Property Reappraisal Program: All real property is appraised at fair and reasonable market value using mass appraisal methods as mandated by Act 160 of the Alabama Legislature.
Residents primarily commute via I-85 into the Montgomery employment core, with typical drive times ranging from 20 to 30 minutes depending on traffic.
The area features access to community parks, local walking trails, and proximity to regional shopping and dining hubs in East Montgomery.
The rental market is characterized by low vacancy pressure and steady demand, with rents reflecting the area's premium status within the Montgomery metro.
The economy is anchored by the Montgomery metro area, with major sectors including government, healthcare, and education.
Transportation is heavily reliant on private vehicles, with I-85 serving as the primary artery for regional connectivity.
Development is focused on master-planned residential communities and supporting commercial infrastructure along the I-85 corridor.
The Montgomery County Revenue Commissioner manages property assessments, utilizing a 10% assessment rate for residential properties.
Parcels are subject to Montgomery County school taxes and municipal taxes for the Town of Pike Road.
Property insurance premiums are influenced by regional weather risks, including wind and hail coverage requirements.
Data retrieved from US Census Bureau ACS tables for ZCTA 36064.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
A community-focused trail system promoting outdoor recreation.
A mixed-use development featuring local dining and boutique retail.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.