The story of this market
The typical home in ZIP 36703 sells for about $69,750, or $41 per square foot.
Prices are roughly flat from a year ago (+0.1%), a market in balance. Homes take about 87 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $725 a month.
ZIP 36703 — Selma
The 36703 housing market is characterized by very low price points and a high prevalence of foreclosure listings, reflecting a stagnant economic environment. Market activity is limited, with inventory levels remaining low and price growth essentially flat year-over-year.
This ZIP is primarily suited for budget-conscious buyers and investors looking for low-entry-price properties, as the area features a high volume of affordable and foreclosure-related listings.
Median prices moved up 0.1% year over year.
Homes spend a median of 87 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 9.5% · poverty 26.6% — a mixed stability profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 36703, Dallas 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.
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.
The rental market is characterized by limited availability and reliance on public housing programs, with fair market rents in Dallas County ranging from $653 for studios to $1,215 for 4-bedroom units.
The local economy is anchored by public services and housing authority operations, with a significant portion of the workforce engaged in local government and social services.
Data sourced from US Census ZCTA profiles and IncomeByZipCode.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.