The story of this market
The typical home in ZIP 36740 sells for about $123,453, or $178 per square foot.
Prices are roughly flat from a year ago (+0.4%), a market in balance. Homes take about 60 days to sell. HUD's fair market rent for a two-bedroom is $525 a month.
ZIP 36740 — Forkland
The housing market in 36740 is characterized by high affordability compared to the national and state averages, with a median home value significantly lower than the Tuscaloosa metro area. Market activity remains stable, driven by local demand in the Greensboro area. Figures for inventory and sales are reported at the Tuscaloosa metro level where ZIP-specific data is unavailable.
This area is primarily suited for local residents and those seeking affordable, rural housing options within the broader Tuscaloosa market.
Median prices moved up 0.4% year over year.
Homes spend a median of 60 days on market with 3.0 months of supply — a fast-moving market.
14% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.9% · poverty 20.1% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 36740, Hale 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.
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 local economy is centered in Greensboro, serving as the county seat for Hale County with a mix of local services and agriculture.
Data derived from ZCTA-level census profiles and local market reports.
A historic site in Greensboro associated with the Civil Rights Movement.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.