The story of this market
The typical home in ZIP 36774 sells for about $285,000, or $178 per square foot.
Prices are roughly flat from a year ago (+0.4%), a market in balance. Homes take about 60 days to sell. HUD's fair market rent for a two-bedroom is $1,790 a month.
ZIP 36774 — Newbern
The Tuscaloosa market, which encompasses ZIP 36774, is currently experiencing a balanced environment with a median sale price of $285,000. Inventory levels have increased significantly year-over-year, contributing to a stable market pace where homes sell in approximately 60 days. Market conditions remain steady as supply and demand reach a point of equilibrium.
Median prices moved up 0.4% year over year.
Homes spend a median of 60 days on market with 3.0 months of supply — a fast-moving market.
14% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.0% · poverty 15.0% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 36774, Tuscaloosa County AL
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 aggregated from Tuscaloosa County market reports and ACS estimates for the region.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.