The story of this market
The typical home in ZIP 35951 sells for about $349,949, or $158 per square foot.
Prices are up +22.79% from a year ago, so sellers still have some momentum. Homes take about 53 days to sell. HUD's fair market rent for a two-bedroom is $758 a month.
ZIP 35951 — Albertville
The 35951 housing market is characterized by strong price appreciation and very limited inventory. With a median sale price of approximately $350,000 and significant year-over-year growth, the market remains active despite low listing volume.
Median prices moved up 22.8% year over year.
Homes spend a median of 53 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.7% · poverty 26.9% — a mixed stability profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 35951, Marshall 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.
not determinable
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.