The story of this market
The typical home in ZIP 35147 sells for about $328,321, or $188 per square foot.
Homes take about 69 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,226 a month.
ZIP 35147
The 35147 housing market in Sterrett, Alabama, shows a median sales price of $328,321 with a median listing price of $440,000. Market activity is characterized by a median of 69 days on market and approximately 130 active listings. Several metrics, including months of supply, sale-to-list ratio, and specific tax or school data, are not currently published for this ZIP code.
This area is primarily suited for those seeking rural or semi-rural residential living in Shelby County, as the market reflects a mix of accessible pricing and specific risks that require careful due diligence for investors.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 69 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.4% · poverty 7.5% — a stable, low-distress profile.
ZCTA 35147, Shelby 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.
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.
Data sourced from US Census Bureau and ACS estimates.
Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).