The story of this market
The typical home in ZIP 36331 sells for about $375,000, or $125 per square foot.
Prices are up +4.2% 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 $450 a month.
ZIP 36331 — Enterprise
The market in 36331 remains stable, driven by consistent demand from military personnel and local workforce growth. While inventory is tight, the area continues to see steady appreciation in home values. Note that some specific metrics like active listings and sales counts are based on limited local data points.
This ZIP is ideal for military-affiliated families, commuters working at Fort Novosel, and investors seeking stable rental demand in a growing regional hub.
Median prices moved up 4.2% year over year.
Homes spend a median of 65 days on market with 4.5 months of supply — a balanced-paced market.
15% of listings have cut prices · homes sell at 97% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.1% · poverty 11.2% — 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 6.7%/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 3.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 36331, Coffee County AL
Crime rates in the Enterprise area are generally lower than the national average, with property crime being the most frequently reported incident type.
Schools serving the area are part of the Enterprise City School District, which maintains a solid reputation for academic performance and extracurricular engagement.
The region is subject to seasonal severe weather, including thunderstorms and occasional tornadoes, necessitating standard wind and flood insurance coverage.
Economic momentum is driven by the proximity to Fort Novosel (formerly Fort Rucker), which serves as a major employer and anchor for the local economy.
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) — 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. 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).
Commutes are primarily car-dependent, with most residents driving to employment hubs in Enterprise or the nearby military installation.
The area offers access to local parks, community sports facilities, and proximity to regional outdoor recreation areas like the Boll Weevil Monument and nearby lakes.
The rental market is characterized by steady demand from military personnel and long-term tenants, with limited vacancy pressure in the RV and residential sectors.
The economy is heavily anchored by the U.S. Army's Fort Novosel, with a supporting mix of retail, healthcare, and service industries.
Transportation is dominated by private vehicle use, with major corridors providing access to Dothan and other regional centers.
Development is focused on residential expansion and commercial support services near the city's primary transit arteries.
The Coffee County Revenue Commissioner manages property assessments, ensuring compliance with state-mandated valuation cycles.
Parcels are subject to municipal and county taxes, with specific levies for the Enterprise City School District.
Property insurance premiums are influenced by regional weather risks, with a competitive market for standard homeowners coverage.
Data retrieved from Census Bureau ZCTA-level profiles for Enterprise, AL.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
A historic monument celebrating the city's unique agricultural history.
Features multiple fields and facilities for youth and adult sports.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.