The story of this market
The typical home in ZIP 35072 sells for about $147,000, or $98 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $756 a month.
ZIP 35072 — Goodwater
The Goodwater housing market remains a stable, low-cost rural environment with limited inventory and modest price appreciation. Market activity is driven by local demand rather than speculative investment, resulting in a slow-moving but predictable sales environment.
This ZIP is best suited for local workers, retirees, and budget-conscious buyers seeking rural living at a low entry price point.
Median prices moved up 2.1% year over year.
Homes spend a median of 62 days on market with 4.5 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.8% · poverty 16.1% — a stable, low-distress 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 5.3%/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 3.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 35072, Coosa 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.
Schools in the area are primarily served by the Coosa County School District, which maintains a rural focus with limited extracurricular diversity.
The area is subject to standard Alabama wildfire and severe thunderstorm risks; flood zones are localized near regional creek beds.
Economic momentum is limited, with the local economy primarily driven by agriculture, forestry, and small-scale retail services.
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.
Commutes are primarily car-dependent, with residents traveling to larger employment hubs in Sylacauga or Alexander City via state highways.
Local recreation is centered on outdoor activities, including proximity to Lake Mitchell and various rural hunting and fishing grounds.
The rental market is characterized by low inventory and steady demand for affordable housing, with limited professional management presence.
The economy is largely supported by local government, small-scale manufacturing, and agricultural operations.
Transportation is entirely reliant on private vehicles; there is no public transit infrastructure.
There are no major commercial or residential developments currently in the pipeline for this ZIP.
The Coosa County Revenue Commissioner manages property assessments, typically following a three-year reappraisal cycle.
Parcels are subject to Coosa County school taxes and standard municipal utility service districts.
Property insurance premiums are influenced by regional wind and hail exposure common to Central Alabama.
Alabama is a non-judicial foreclosure state, allowing for relatively rapid lender recovery processes.
Alabama operates under a 'caveat emptor' (buyer beware) doctrine, limiting mandatory seller disclosures.
Data sourced from ZCTA-level census profiles and Coosa County statistical summaries.
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.
Major regional reservoir providing boating and fishing access.
Local community green space for outdoor recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.