The story of this market
The typical home in ZIP 35055 sells for about $299,000, or $160 per square foot.
Homes take about 66 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $923 a month.
ZIP 35055 — Cullman
The 35055 housing market remains stable with steady demand and a median price of $299,000. While inventory levels are sufficient, the market is driven by local economic growth and its strategic location between Birmingham and Huntsville. Note that some specific metrics like exact price-cut percentages are not published at the ZIP level and are omitted.
This ZIP is well-suited for families and commuters who value a balance between small-town living and access to major Alabama employment hubs.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 66 days on market with 4.2 months of supply — a balanced-paced market.
15% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.4% · poverty 19.9% — 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 8.4%/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 5.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 35055, Cullman 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 Cullman City Schools, which are generally well-regarded within the region.
The region is subject to standard Alabama weather risks, including severe thunderstorms and occasional tornado activity.
Cullman serves as a regional hub with steady growth driven by manufacturing, healthcare, and retail sectors.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Alabama) — Current Use Valuation: Allows property to be taxed based on its current use value rather than fair market value, potentially reducing the tax burden. Conversion to a non-qualified use triggers revaluation and potential back-tax liability. State (Alabama) — Class III Residential Property Tax Assessment: Property is assessed at 10% of its fair market value. The tax liability is calculated by multiplying the assessed value by the local millage rate. A standard homestead exemption applies to the 6.5 mill statewide property tax on the first $4,000 of assessed valuation. State (Alabama) — Class 3 Residential Property Tax Assessment: Residential property is classified as Class 3 and assessed at 10 percent of its fair market value. A standard homestead exemption applies to the 6.5 mill statewide property tax on the first $4,000 of assessed valuation. 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.
Residents primarily commute via I-65, which provides direct access to the Birmingham and Huntsville employment corridors.
The area features proximity to Smith Lake, various city parks, and local golf courses, with shopping concentrated along the Highway 31 corridor.
The rental market is characterized by steady demand and limited vacancy, with a mix of single-family homes and apartment complexes.
The economy is anchored by manufacturing, healthcare, and retail, with major employers including Cullman Regional Medical Center and various automotive suppliers.
The area is heavily reliant on personal vehicles, with I-65 serving as the primary artery for regional transit.
Ongoing infrastructure improvements focus on road capacity and utility expansion to accommodate residential growth.
The Cullman County Revenue Commissioner manages assessments, typically utilizing a 10% assessment ratio for residential property.
Parcels are subject to Cullman City or County school district taxes and various municipal utility service districts.
Property insurance premiums are influenced by regional severe weather exposure, particularly wind and hail risks.
Alabama is a non-judicial foreclosure state, allowing for relatively efficient lender recovery processes.
Alabama is a caveat emptor (buyer beware) state, with limited mandatory seller disclosure requirements.
Data retrieved from Census Bureau ZCTA profile and local market aggregators.
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.
Major regional destination for boating and fishing.
Large municipal park with sports fields and walking trails.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).