The story of this market
The typical home in ZIP 36005 sells for about $300,000, or $145 per square foot.
Prices are down 4% from a year ago, which gives buyers more room to negotiate. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,109 a month.
ZIP 36005 — Banks
The housing market in ZIP 36005 is experiencing a cooling phase, evidenced by a 4% year-over-year decline in median sale prices to $300,000. Sales volume remains low, and inventory levels are creating a more balanced environment for buyers compared to previous years. Market activity is currently characterized by longer days on market and a slight downward pressure on pricing.
Median prices moved down 4.0% year over year.
Homes spend a median of 42 days on market with 4.5 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 97% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.4% · poverty 12.4% — 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 5.5%/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 5.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 36005
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) — 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.
Data retrieved from Social Explorer ZCTA profile based on ACS 5-year estimates.
- Butter and Egg Adventures4.912.1 mi
- Veterans Memorial Stadium4.714.3 mi
- Trojan Arena4.814.2 mi
- Butter and Egg Adventures4.912.1 mi
- Pioneer Museum of Alabama4.616.3 mi
- Downtown Square Troy, AL4.715.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.