The story of this market
The typical home in ZIP 35748 sells for about $321,500, or $165 per square foot.
Prices are roughly flat from a year ago (+0.5%), a market in balance. Homes take about 50 days to sell. HUD's fair market rent for a two-bedroom is $847 a month.
ZIP 35748 — Gurley
The Huntsville housing market is currently in a balanced state, characterized by moderate price growth and a healthy supply of inventory. While sales activity remains strong, the market has shifted away from the intense bidding wars of previous years, providing more stability for both buyers and sellers. This transition is driven by a combination of rising interest rates and a steady influx of new housing stock.
This area is well-suited for families and professionals seeking a balance of suburban amenities and proximity to high-tech employment. It appeals to those looking for a stable housing market with access to quality education and a growing cultural scene.
Median prices moved up 0.5% year over year.
Homes spend a median of 50 days on market with 4.3 months of supply — a fast-moving market.
25% of listings have cut prices · homes sell at 97.8% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.3% · poverty 9.8% — 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 6.3%/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 5.8%/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 35748, 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.
Huntsville experiences crime rates that are generally consistent with other mid-sized Southern cities, with localized variations in safety across different neighborhoods. Law enforcement continues to focus on community-based policing to address property and violent crime trends.
The area is served by the Huntsville City Schools district, which offers a mix of magnet programs and traditional public schools. School quality is generally regarded as competitive within the region, with several institutions receiving high marks for STEM-focused curricula.
The region is subject to severe weather risks, including tornadoes and occasional heavy thunderstorms, necessitating robust homeowners insurance coverage. Flood risk is generally low in most residential areas, though specific low-lying zones require flood insurance.
Huntsville remains a major economic hub driven by the aerospace, defense, and technology sectors, anchored by Redstone Arsenal and the Cummings Research Park. Significant infrastructure investment and ongoing commercial development continue to support steady population and job growth.
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. County (Madison County, Alabama) — Madison County Board of Equalization Property Value Protest Procedures: Establishes a mandatory administrative remedy for contesting county tax appraised valuations. County (Madison County, Alabama) — Composite Property Tax Levies (State, County, School, and Municipal Millages): Every parcel is subject to composite millage consisting of: State of Alabama base rate (6.5 mills), Madison County general and special fund millages, Madison County or City school district millages, and applicable municipal millages (e.g., Huntsville or Madison). County (Madison County, Alabama) — Alabama Residential Assessment Ratio and Property Appraisal Regime: Madison County assesses residential real property (Class III) at 10% of fair market value.
Residents typically rely on personal vehicles for commuting, with major corridors like I-565 and US-72 providing access to primary employment centers. Traffic congestion is moderate, with ongoing road expansion projects aimed at improving regional connectivity.
The area features extensive outdoor amenities, including the Monte Sano State Park, numerous greenways, and the Huntsville Botanical Garden. Shopping and dining are concentrated in districts like Bridge Street Town Centre and the revitalized downtown area.
The rental market is characterized by moderate vacancy pressure and a steady trajectory in asking rents, supported by a diverse tenant base of professionals and students. Investor interest remains active, though the market is shifting toward a more balanced supply-demand dynamic.
The economy is heavily anchored by the aerospace and defense industries, with Redstone Arsenal serving as a primary employer. A robust mix of technology, manufacturing, and healthcare sectors provides a stable and growing economic base.
The city is served by a network of highways including I-565 and I-65, facilitating regional travel. Public transit options are limited, with most residents relying on private vehicles for daily commutes.
Development is focused on mixed-use projects near the downtown core and the expansion of residential communities in the northern and eastern corridors. Infrastructure projects are prioritizing road capacity improvements to manage growth.
The Madison County Tax Assessor manages property valuations, with assessments typically updated to reflect market conditions while adhering to state-mandated caps.
Parcels are subject to standard municipal and county tax districts, with some newer developments incorporating specific utility or improvement districts.
Property insurance premiums are influenced by the region's exposure to severe weather, with competitive rates available through a variety of national and regional carriers.
The state continues to see positive net domestic migration, driven by job growth in the technology and manufacturing sectors.
Alabama is a non-judicial foreclosure state, allowing for a streamlined process that typically requires adherence to specific notice periods.
Sellers are required to provide a property disclosure statement, though the state generally follows a 'caveat emptor' (buyer beware) doctrine for residential real estate.
Data retrieved from data.census.gov and local market reports.
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.
Offers extensive hiking trails and scenic mountain views.
A major open-air shopping and dining destination.
A large public garden featuring seasonal displays and educational programs.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.