The story of this market
The typical home in ZIP 35111 sells for about $294,178, or $173 per square foot.
Prices are up +7% from a year ago, so sellers still have some momentum. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $1,148 a month.
ZIP 35111 — Lake View
The housing market in 35111 remains stable with moderate price appreciation and consistent demand from families. While inventory has increased slightly, the area benefits from its strategic location between Birmingham and Tuscaloosa, supporting long-term value. Market conditions are currently balanced, reflecting steady growth rather than rapid volatility.
This ZIP is well-suited for families and commuters who desire a suburban lifestyle with convenient access to the major employment centers of Birmingham and Tuscaloosa.
Median prices moved up 7.0% year over year.
Homes spend a median of 35 days on market with 3.7 months of supply — a fast-moving market.
4% 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 6.0% · poverty 8.5% — 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 4.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 35111, Alabama
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 serving the area are generally characterized by moderate performance ratings within the regional district context.
The area is subject to standard regional climate risks, including potential for severe storms and localized flooding common to central Alabama.
Development momentum is driven by proximity to the Birmingham-Tuscaloosa corridor, with ongoing residential expansion in the McCalla area.
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 via I-20/59, providing direct access to employment hubs in both Birmingham and Tuscaloosa.
The area offers access to local parks and proximity to outdoor recreation at nearby lakes, with shopping and dining concentrated along the I-20 corridor.
The rental market is supported by steady demand from commuters and families, with moderate vacancy pressure and rising rent trajectories.
The local economy is anchored by the broader Birmingham-Tuscaloosa industrial and service sectors, with significant employment in manufacturing and logistics.
The area is heavily reliant on personal vehicle transportation, with I-20/59 serving as the primary artery for regional connectivity.
Ongoing residential subdivision development continues to expand the housing stock in the McCalla area.
Parcels are subject to county-level property tax assessments and specific school district millage rates.
Property insurance premiums are influenced by regional exposure to severe weather events, including wind and hail risks.
Data retrieved from US Census Bureau ZCTA profiles.
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.
Local community green spaces serving the residential population.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.