The story of this market
The typical home in ZIP 36732 sells for about $138,000, or $92 per square foot.
Prices are down 51.9% from a year ago, which gives buyers more room to negotiate. Homes take about 59 days to sell. HUD's fair market rent for a two-bedroom is $692 a month.
ZIP 36732 — Demopolis
The 36732 housing market is currently experiencing significant price volatility with a sharp year-over-year decline in median sale prices. High vacancy rates and limited sales volume suggest a cooling environment where supply currently outweighs demand, leading to a buyer's market.
This ZIP is suitable for budget-conscious buyers and local workers seeking affordable housing, though investors should be aware of higher vacancy risks.
Median prices moved down 51.9% year over year.
Homes spend a median of 59 days on market with 5.0 months of supply — a balanced-paced market.
10% 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 1.6% · poverty 22.7% — 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 -8.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 36732, Alabama
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
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.
The area is primarily car-dependent with residents typically commuting to local employment hubs within Demopolis or nearby Marengo County centers.
The area features access to the Tombigbee River for boating and fishing, along with local parks and historic sites within the city of Demopolis.
The rental market is characterized by limited inventory and reliance on fair-market rent estimates, with a vacancy rate of approximately 16.6%.
The local economy is anchored by regional agriculture, manufacturing, and services within the Demopolis area.
The area is served by U.S. Highway 80, acting as the primary corridor for regional transit and logistics.
The Marengo County Revenue Commissioner manages property assessments and tax collections for the jurisdiction.
Parcels are subject to Marengo County and Demopolis City school district taxes.
Data retrieved from census.gov and local market 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.
Public access to the Tombigbee River for recreation.
A notable historic mansion and landmark in the city.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.