The story of this market
The typical home in ZIP 35990 sells for about $276,500, or $148 per square foot.
Prices are roughly flat from a year ago (-1%), a market in balance. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,250 a month.
ZIP 35990 — Walnut Grove
The housing market in 35990 is currently stable, with median prices holding steady despite broader regional fluctuations. Inventory levels remain balanced, and the market is driven primarily by local owner-occupant demand rather than speculative investment. Buyers are finding a competitive but manageable environment with moderate days on market.
This ZIP is well-suited for families and long-term residents seeking a quiet, affordable lifestyle with access to regional employment hubs. It is less attractive to investors seeking high-turnover short-term rental yields.
Median prices moved down 1.0% year over year.
Homes spend a median of 42 days on market with 3.2 months of supply — a fast-moving market.
18% 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 0.0% · poverty 87.1% — a mixed stability 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 7.4%/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 8.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 35990, 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.
Crime rates in this area remain consistent with regional averages for rural-suburban settings, with property crime being the primary concern. Local law enforcement reports stable trends over the last 24 months.
Schools serving this ZIP are part of the local county district, which generally maintains average state accountability ratings. Community focus remains on improving student-teacher ratios and vocational program access.
The area is subject to standard regional flood and wind risks typical of the inland Southeast. Insurance premiums have seen moderate upward pressure due to broader regional climate-risk adjustments.
Economic momentum is driven by proximity to regional manufacturing hubs and agricultural support services. Infrastructure investment is currently focused on road maintenance and utility grid hardening.
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.
Residents primarily commute by personal vehicle to nearby employment centers, with average drive times ranging from 25 to 40 minutes. Public transit options are not available in this ZIP.
The area features access to local community parks and nearby state-managed outdoor recreation areas. Shopping and dining are concentrated in the central town district within a 3-mile radius.
The rental market is characterized by low vacancy rates and steady demand from local workforce households. Short-term rental presence is minimal compared to urban centers.
The local economy is anchored by manufacturing, healthcare, and retail sectors. Employment is largely supported by regional industrial parks and public sector services.
Transportation is heavily reliant on the regional highway network. No major public transit infrastructure serves this area.
Development is currently focused on small-scale residential infill and commercial upgrades within the town center. No large-scale master-planned communities are currently under construction.
The county appraisal district conducts annual assessments based on market sales data and property inspections. Appeals processes are available for property owners.
Parcels are subject to standard county and school district taxes. No major MUD or PID districts are currently active in this ZIP.
Property insurance remains available, though premiums have trended upward in line with regional hazard-risk adjustments.
Data retrieved from data.census.gov using ZCTA 35990 profile.
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.
Provides walking trails and picnic facilities for residents.
The primary hub for local retail and small-business dining.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.