The story of this market
The typical home in ZIP 35171 sells for about $279,900, or $118 per square foot.
Prices are down 39.5% from a year ago, which gives buyers more room to negotiate. Homes take about 50 days to sell. HUD's fair market rent for a two-bedroom is $901 a month.
ZIP 35171 — Thorsby
The 35171 housing market is currently experiencing a significant correction, with median prices declining sharply year-over-year. High inventory relative to sales volume suggests a cooling trend, likely driven by broader economic pressures and interest rate sensitivity. Local market data indicates a competitive but softening environment for buyers.
This ZIP is well-suited for families and commuters seeking a rural, small-town lifestyle with relatively affordable housing compared to the Birmingham metro area.
Median prices moved down 39.5% year over year.
Homes spend a median of 50 days on market with 5.2 months of supply — a balanced-paced market.
13% of listings have cut prices · homes sell at 96.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.9% · poverty 7.5% — 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 3.4%/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 4.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 35171, Chilton 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 the Chilton County School District, which provides public education for the Thorsby community.
The region is subject to standard Alabama weather risks, including severe thunderstorms and occasional tornado activity.
Economic activity is primarily driven by local agriculture, small businesses, and proximity to the Birmingham metro employment corridor.
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.
Residents typically commute via I-65 toward Birmingham or Montgomery, with a mean travel time of approximately 30.5 minutes.
The area features local parks and community facilities in Thorsby, with access to regional outdoor recreation in Chilton County.
The rental market is characterized by low inventory and steady demand from local workers and families.
The local economy is supported by agriculture, manufacturing, and retail services, with many residents commuting to the Birmingham-Hoover metropolitan area.
The area is primarily served by I-65, providing a direct north-south corridor for regional transit and commuting.
Development is focused on small-scale residential growth and infrastructure maintenance within the town of Thorsby.
Chilton County Appraisal District manages property assessments using a mass appraisal system based on market sales data.
Parcels are subject to Chilton County school taxes and local municipal utility districts.
Property insurance premiums are influenced by regional exposure to severe weather and wind events.
Data retrieved from Census Reporter and ACS 2024 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.
Local community park in Thorsby.
Features recreational space and community events.
Key-figure check: median price diverges 33.4% from the nearest retained anchor (published ten-year series (2025)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $155,000 (-33.4% vs the published ten-year series (2025)) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.