The story of this market
The typical home in ZIP 35905 sells for about $238,000, or $135 per square foot.
Prices are up +5.1% from a year ago, so sellers still have some momentum. Homes take about 47 days to sell. HUD's fair market rent for a two-bedroom is $829 a month.
ZIP 35905 — Gadsden
The housing market in 35905 is currently balanced, characterized by moderate competition and stable pricing. Inventory remains limited, which supports current price levels despite broader regional economic fluctuations.
This area is primarily suited for family buyers seeking detached single-family homes in a more family-centric environment than the surrounding county.
Median prices moved up 5.1% year over year.
Homes spend a median of 47 days on market with 19.1 months of supply — a slower-moving market.
24% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.5% · poverty 11.3% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 35905, Etowah 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) — 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. Code § 40-8-1 and the Alabama Constitution.
The local economy is anchored by the broader Gadsden metro area, which features a mix of manufacturing and service-sector employment.
Data retrieved from US Census Bureau ZCTA 35905 profiles.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.