The story of this market
The typical home in ZIP 35647 sells for about $365,000, or $170 per square foot.
Prices are up +6.57% from a year ago, so sellers still have some momentum. Homes take about 65 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,450 a month.
ZIP 35647 — Lester
The housing market in ZIP 35647 remains stable, supported by the robust Huntsville regional economy and consistent demand from the defense and technology sectors. While inventory levels have seen slight increases, the median sale price continues to show positive year-over-year growth. Buyers remain active, though the pace of sales has moderated compared to previous peak periods.
This ZIP is well-suited for families and professionals seeking a balance between suburban living and proximity to Huntsville's major employment hubs. It appeals to those looking for established neighborhoods with access to essential amenities and moderate housing costs.
Median prices moved up 6.6% year over year.
Homes spend a median of 65 days on market with 2.6 months of supply — a fast-moving market.
38% of listings have cut prices · homes sell at 98.5% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.8% · poverty 4.8% — 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 9.2%/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 7.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 35647, Madison 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.
Crime rates in the area are generally consistent with regional averages for Madison County, with property crime being the primary concern. Local law enforcement maintains active community outreach programs to address neighborhood safety.
Schools serving this ZIP are part of the Huntsville City Schools district, which offers a mix of magnet and traditional programs. Performance varies by school, with several institutions receiving moderate ratings from state accountability metrics.
The area is subject to standard regional risks, including severe thunderstorms and occasional tornado activity common to North Alabama. Flood risk is localized to specific low-lying areas near drainage basins.
The area benefits from proximity to the Redstone Arsenal and the expanding aerospace and defense sectors in Huntsville. Infrastructure investment is focused on road widening projects to accommodate steady population growth.
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 primarily rely on personal vehicles for commuting, with major access provided by U.S. Highway 72 and I-565. The commute to downtown Huntsville or the Research Park area typically ranges from 15 to 25 minutes depending on traffic.
The area features access to local community parks and is within a short drive of the Monte Sano State Park trail system. Shopping and dining options are concentrated along the major commercial corridors within the ZIP.
The rental market is characterized by moderate vacancy pressure and consistent demand from professionals working in the defense and technology sectors. Short-term rental activity is present but remains secondary to long-term residential leasing.
The economy is anchored by the defense, aerospace, and technology industries, with significant employment provided by the Redstone Arsenal and Cummings Research Park. The area maintains a stable economic outlook due to federal contract stability.
Transportation is primarily highway-based, with I-565 and U.S. 72 serving as the main arteries. Public transit options are limited, with most residents relying on private vehicles.
Development is focused on mixed-use infill projects and the expansion of existing residential subdivisions. Planning efforts prioritize maintaining infrastructure capacity alongside new growth.
The Madison County Tax Assessor manages property valuations, conducting periodic reappraisals to ensure assessments align with current market values.
Parcels are subject to Huntsville City Schools district taxes and standard municipal service levies. No major MUDs or PIDs are currently active in this specific ZIP.
Property insurance premiums are influenced by regional weather risks, including wind and hail exposure. Market health is stable, though insurers remain cautious regarding severe weather claims.
Alabama continues to see positive net domestic migration, with Huntsville serving as a primary destination for professionals relocating for technology and defense roles.
Alabama is a non-judicial foreclosure state, allowing for relatively efficient processing of defaults. Statutory redemption rights may apply under specific conditions.
Alabama follows a 'caveat emptor' (buyer beware) doctrine, though sellers are required to disclose known material defects in residential property transactions.
Data retrieved from data.census.gov using ZCTA-level tables.
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.
Provides walking trails and playground facilities for residents.
Features a variety of local retail and dining establishments.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.