The story of this market
The typical home in ZIP 35480 sells for about $285,000, or $178 per square foot.
Prices are roughly flat from a year ago (+0.4%), a market in balance. Homes take about 60 days to sell. HUD's fair market rent for a two-bedroom is $1,142 a month.
ZIP 35480 — Ralph
The Tuscaloosa market, which encompasses ZIP 35480, is currently balanced with a median sale price of $285,000. Market activity shows a 3.3-month supply of inventory and a 98% sale-to-list ratio, indicating stable demand. Figures are based on regional Tuscaloosa market data as specific ZIP-level metrics for 35480 are limited.
Median prices moved up 0.4% year over year.
Homes spend a median of 60 days on market with 3.3 months of supply — a fast-moving market.
14% 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 4.1% · poverty 19.4% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 35480, Tuscaloosa 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) — 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.
Data aggregated at county level where ZIP-specific ACS tables were unavailable.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.