Pike Road, Alabama.
Typical home $404,483 (+1.9% in a year), asking rent $1,726 (+3.6%). Montgomery, AL metro.
to buy the typical home at today's mortgage rate — +$1,004 (+90%) since Jan 2020.
- 1 year
- Up $7,354 +2%
- $397,129$404,483 since Sep 2025
- 5 years
- Up $59,181 +17%
- $345,302$404,483 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Pike Road$2,123
- Alabama$1,252
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 22 years.
Typical home values in Pike Road, AL rose 1.9% over the past year — faster than the nation's +1.2%.
Asking rents in Pike Road, AL rose 3.6% over the past year — faster than the nation's +2.7%.
Owning the typical home in Pike Road runs $968/mo more than renting one. The gap peaked at $1,026 in Jul 2024.
That is $2,694 a month against $1,726 rent: a $2,123 mortgage payment, plus $138 property tax and $433 insurance & upkeep.
Owning vs renting — Pike Road
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$2,694
- Renting$1,726
- Mortgage only$2,123
Property tax · $138/mo 0.41% of value a year — the ACS 2020-2024 median bill over the median home value for Montgomery County, AL
Insurance & upkeep · $433/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Pike Road, Montgomery County, Alabama
Pike Road is a city of 9,439 people in Montgomery County. Half its households earn more than $117,091 a year and half less, against $59,386 across Montgomery County; 5% of its people live below the poverty line. 85% of its homes are lived in by their owners and 15% are rented. Unemployment in Montgomery County was 4.0% in August 2026, and the county had 0.6% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Pike Road is a young, fast-growing town just east of Montgomery, and it is a place where nearly everyone owns the home they live in. Households here earn well above the county's typical income, and few people live below the poverty line. Adults are more likely than not to hold a four-year degree, and the town skews younger than many places its size.
Work. Many residents work in schools, hospitals and social care, in professional and business services, in manufacturing, or in government. Across Montgomery County, the largest workplaces include Hyundai Motor Manufacturing Alabama, Montgomery County Schools and Baptist Medical Center South. The typical commute is a fairly long one for a town this size, and a good number of people work from home.
Things to do. A short drive away is the Montgomery Museum of Fine Arts. A longer drive takes you to the National Memorial to Peace and Justice, a museum in Montgomery, and to the Coosa River, for time on the water. Winters are mild and rarely harsh, summers are hot, and the year brings plenty of rain.
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- 3,679households
- 55%of adults have a degree
- 5%below the poverty line
- 27 mintypical commute
- 13%work from home
What residents work in
Employed residents by industry, from the Census survey. Montgomery County had 132,159 jobs in 2025, 0.6% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 60° and lows near 40°; warmest in July, with highs near 94° and lows near 75°. About 52 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Montgomery 6SW weather station, 6 miles away (NOAA).
Largest workplaces in Montgomery County
- Hyundai Motor Manufacturing AlabamaAssembly plants, passenger car, on chassis of own manufacture4,418
- Montgomery County SchoolsSchool district2,685FTE
- Baptist Medical Center SouthGeneral hospital1,969FTE
- Jackson Hospital and ClinicGeneral hospital1,533FTE
- Koch Foods of AL DebonePoultry manufacturing1,164
- UPSCouriers and express delivery services1,091
- Baptist Medical Center EastGeneral hospital993FTE
- Mobis AlabamaArmor plate made in iron and steel mills940
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 221 workplaces with 20 or more staff, 35,396 people in all across the county; Pike Road has one of its own. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- LightningRelatively high
- TornadoesRelatively high
- DroughtRelatively moderate
- Heat wavesRelatively moderate
- Strong windRelatively moderate
- Inland floodingRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Pike Road’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Montgomery County and the Montgomery, AL metro.
Pike Road home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Pike Road$404,483
- Alabama$238,614
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 4 Pike Road listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Pike Road24.63%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Pike Road112
New listings per month
Sellers arriving at the market.
- Pike Road23
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Pike Road$410,950
- United States$371,553
Zip codes with a Pike Road address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Pike Road — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Pike Road
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 36064 | Pike Road | 14,103 | $1,717 | $401,063 |
| 36052 | Mathews | 874 | — | $448,266 |
| 36013 | Cecil | 245 | — | $430,024 |