The story of this market
The typical home in ZIP 35401 sells for about $174,669, or $156 per square foot.
Prices are down 1.7% from a year ago, which gives buyers more room to negotiate. Homes take about 37 days to sell. HUD's fair market rent for a two-bedroom is $951 a month.
ZIP 35401 — Tuscaloosa
The 35401 housing market is characterized by a high concentration of student rentals and a relatively low median home value compared to the broader metro area. Market activity remains stable, driven by the consistent demand from the university population, though high poverty rates and a large renter share define the local economic landscape.
This ZIP is ideal for students, university faculty, and investors seeking rental opportunities, given its high concentration of young residents and proximity to campus amenities.
Median prices moved down 1.7% year over year.
Homes spend a median of 37 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 13.7% · poverty 43.5% — elevated distress and economic pressure.
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 4.8%/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 3.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 35401, Tuscaloosa 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.
The area is served by Tuscaloosa City Schools, which maintains a diverse range of academic performance levels across its campuses.
The region is subject to standard Alabama climate risks, including severe thunderstorm and tornado activity, necessitating comprehensive property insurance coverage.
Economic momentum is anchored by the University of Alabama and a growing manufacturing sector, with ongoing infrastructure improvements supporting urban development.
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 benefit from a central location with a mean commute time of approximately 18.6 minutes, reflecting proximity to major employment hubs in Tuscaloosa.
The area features access to the Black Warrior River, various city parks, and the cultural and athletic amenities associated with the University of Alabama campus.
The rental market is heavily influenced by the student population, resulting in high demand and seasonal vacancy fluctuations near the university.
The economy is driven by the University of Alabama, healthcare services, and regional manufacturing, providing a stable employment base.
The area is served by a network of state highways and local transit options, facilitating access to the broader Tuscaloosa metro area.
Development is focused on mixed-use projects near the university and downtown revitalization efforts.
The Tuscaloosa County Tax Assessor manages property valuations, utilizing a standard assessment cycle for all residential parcels.
Parcels are subject to Tuscaloosa City School District taxes and various municipal utility service districts.
Property insurance premiums are influenced by regional weather risks, with standard coverage widely available.
Data retrieved from Census Reporter and QuickFacts.
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.
- UpSurge Trampoline Park4.46.7 mi
- Chuck E. Cheese4.16.6 mi
- Escape Tuscaloosa4.87.2 mi
- Bryant-Denny Stadium4.85.8 mi
- Coleman Coliseum4.66.2 mi
- Mercedes-Benz Amphitheater4.64.7 mi
- Moundville Archaeological Park4.611.5 mi
- PopStroke4.97.3 mi
- CMX Hollywood 16 & IMAX4.35.2 mi
- Paul W. Bryant Museum4.86.3 mi
- Moundville Archaeological Park4.611.5 mi
- Alabama Museum of Natural History4.56.2 mi
- Bowers Park4.37.1 mi
- Paul W. Bryant Museum4.86.3 mi
- Moundville Archaeological Park4.611.5 mi
- Alabama Museum of Natural History4.56.2 mi
- The University Club at Alabama4.75.4 mi
- Kentuck Art Center & Festival4.64.9 mi
- Moundville Archaeological Park4.611.5 mi
- Tuscaloosa River Walk4.74.7 mi
- Sokol Park4.88.8 mi
- Bowers Park4.37.1 mi
- Park at Manderson Landing4.76.4 mi
- Ol’ Colony Golf Complex4.28.4 mi
- Links at Tuscaloosa Golf Course2.94.4 mi
- Tall Pines Golf Course3.19.9 mi
- Publix Super Market at University Town Center4.55.7 mi
- University Mall4.17 mi
- T.J. Maxx4.36.5 mi
- Publix Super Market at Northwood Crossings4.66.1 mi
- Publix Super Market at Capital Market Center4.65.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major anchor institution and cultural hub.
Provides recreational access and scenic trails.
Major regional attraction for collegiate athletics.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.