The story of this market
The typical home in ZIP 36079 sells for about $245,000, or $135 per square foot.
Prices are up +3.2% 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 $918 a month.
ZIP 36079 — Troy
The 36079 housing market shows steady appreciation driven by local employment stability and university-related demand. Inventory remains balanced, though new construction is active to meet the needs of a growing population. Prices have trended upward consistently over the last decade, reflecting broader regional economic health.
This ZIP is well-suited for families, university-affiliated staff, and local professionals seeking affordable housing in a small-city environment.
Median prices moved up 3.2% year over year.
Homes spend a median of 62 days on market with 4.8 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 16.6% — 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 6.4%/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 4.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 36079, Pike 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 Troy City Schools, which generally maintain a stable reputation within the region.
The region is subject to standard Alabama weather risks, including seasonal thunderstorms and occasional severe wind events.
Economic momentum is anchored by Troy University and local manufacturing, with steady residential development in suburban-style subdivisions.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Alabama) — Current Use Valuation: Allows property to be taxed based on its current use value rather than fair market value, potentially reducing the tax burden. Conversion to a non-qualified use triggers revaluation and potential back-tax liability. State (Alabama) — Class III Residential Property Tax Assessment: Property is assessed at 10% of its fair market value. The tax liability is calculated by multiplying the assessed value by the local millage rate. A standard homestead exemption applies to the 6.5 mill statewide property tax on the first $4,000 of assessed valuation. State (Alabama) — Class 3 Residential Property Tax Assessment: Residential property is classified as Class 3 and assessed at 10 percent of its fair market value. A standard homestead exemption applies to the 6.5 mill statewide property tax on the first $4,000 of assessed valuation. 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.
Commutes are primarily car-dependent, with most residents traveling within the city of Troy for employment.
The area features access to local parks, Troy University athletic facilities, and proximity to regional outdoor recreation areas.
The rental market is influenced by the university student population, maintaining consistent demand and moderate vacancy rates.
The economy is driven by Troy University, local government, and regional manufacturing and agricultural sectors.
Transportation is primarily via private vehicle, with US Highway 231 serving as the main regional artery.
Development is focused on expanding residential inventory to accommodate steady population growth.
The Pike County Revenue Commissioner manages property assessments based on fair market value.
Parcels are subject to Troy City or Pike County school district taxes and standard municipal utility assessments.
Property insurance premiums are influenced by regional wind and storm risk profiles common to Southeast Alabama.
Data retrieved from US Census Bureau ZCTA-level 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.
- Butter and Egg Adventures4.97.4 mi
- Veterans Memorial Stadium4.75.1 mi
- Trojan Arena4.85.2 mi
- Butter and Egg Adventures4.97.4 mi
- Pioneer Museum of Alabama4.64.2 mi
- Christmas in Ansley4.99.8 mi
- Downtown Square Troy, AL4.74.3 mi
- Murphree Park4.24.4 mi
- Pioneer Museum of Alabama4.64.2 mi
- Downtown Square Troy, AL4.74.3 mi
- Troy Parks and Recreation4.74.7 mi
- Pike County Lake4.52.7 mi
- Shady Grove Outfitters511.3 mi
- Murphree Park4.24.4 mi
- Publix Super Market at Park Place4.64.6 mi
- Southland Village Shopping Center4.14 mi
- Troy Marketplace4.44.9 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 with athletic facilities and cultural events.
Public fishing and outdoor recreation area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.