Pike Road, AL housing market
The typical Pike Road home is worth about $407,000, up 2.1% in a year, 68% above the Alabama typical home. Homes typically sell in 99 days, below asking.
Home values, sales, trends and how Pike Road compares with the towns next door — updated as new data is published.
Pike Road at a glance
A balanced market
About 5.4 months of supply: neither buyers nor sellers have a clear edge.
Typical home value, 2016–2026
Show as a table
| January | Pike Road | Alabama |
|---|---|---|
| 2017 | $290,000 | $147,000 |
| 2018 | $296,000 | $152,000 |
| 2019 | $299,000 | $158,000 |
| 2020 | $309,000 | $170,000 |
| 2021 | $322,000 | $188,000 |
| 2022 | $363,000 | $215,000 |
| 2023 | $386,000 | $228,000 |
| 2024 | $392,000 | $233,000 |
| 2025 | $396,000 | $238,000 |
| 2026 | $403,000 | $239,000 |
| August 2026 | $407,000 | $242,000 |
209 new homes permitted in 2025
Builders were permitted 209 new homes in Pike Road in 2025, all single-family houses, worth about $69.6 million to build. That's 20 per 1,000 residents, faster than across Alabama (5.4). Over the past 10 years, Pike Road has permitted 2,029 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Pike Road gained 4,033 residents while 2,232 new homes were permitted: about 1.8 new residents per new home. Building and growth moved roughly in step. Across Alabama: 1.8 new residents per new home.
How Pike Road ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 177 | 177 | 0 | $52.8 million |
| 2025 | 209 | 209 | 0 | $69.6 million |
| 2024 | 200 | 200 | 0 | $57.8 million |
| 2023 | 155 | 155 | 0 | $40.5 million |
| 2022 | 208 | 208 | 0 | $55.8 million |
| 2021 | 305 | 305 | 0 | $78.9 million |
| 2020 | 187 | 187 | 0 | $46.6 million |
| 2019 | 191 | 191 | 0 | $41.7 million |
| 2018 | 147 | 147 | 0 | $32.2 million |
| 2017 | 218 | 218 | 0 | $47.9 million |
| 2016 | 209 | 209 | 0 | $45.1 million |
| 2015 | 235 | 235 | 0 | $51.7 million |
| 2014 | 155 | 155 | 0 | $33 million |
| 2013 | 199 | 199 | 0 | $45.5 million |
| 2012 | 417 | 289 | 128 | $73.1 million |
| 2011 | 422 | 294 | 128 | $65.1 million |
| 2010 | 39 | 39 | 0 | $9.8 million |
| 2009 | 39 | 39 | 0 | $9.8 million |
| 2008 | 52 | 52 | 0 | $13.1 million |
| 2007 | 87 | 87 | 0 | $14.8 million |
How Pike Road ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Pike Road and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Pike Road | $407K | +2.1% | $1,390 | 209 | $117,091 |
| Montgomery | $153K | +2.1% | $1,060 | 503 | $56,811 |
3.5 years of income
The typical Pike Road home costs about 3.5 years of the town's median household income, less than across Alabama (3.8 years).
How Pike Road ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,390
HUD's Fair Market Rent for a two-bedroom in Pike Road is $1,390 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Pike Road pay a median of $1,653. A two-bedroom takes about 14% of the town's median household income.
Studio $1,180 · 4 bedrooms $2,110
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (36013, 36052, 36064, 36116, 36117; Montgomery, AL MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.