The story of this market
The typical home in ZIP 36776 sells for about $74,200, or $46 per square foot.
Prices are down 75% from a year ago, which gives buyers more room to negotiate. Homes take about 120 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,060 a month.
ZIP 36776
The housing market in 36776 is characterized by extremely low price points and high vacancy rates, reflecting a stagnant rural economy. Sales volume is minimal, and the area faces significant socioeconomic headwinds, including high poverty rates and limited local employment growth. Market conditions remain stable but depressed compared to regional averages.
This ZIP is primarily suited for long-term residents or those seeking highly affordable, rural living; it is not a target for traditional investors or commuters due to the lack of amenities and employment density.
Median prices moved down 75.0% year over year.
Homes spend a median of 120 days on market with 1.0 months of supply — a balanced-paced market.
0% 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 12.0% · poverty 53.5% — elevated distress and economic pressure.
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 4.7%/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 1.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 36776, Hale County AL
Schools serving the area are part of the Hale County School District, which faces challenges typical of rural, low-income districts in Alabama.
The area is subject to standard regional risks including severe thunderstorms and potential flooding; insurance availability is generally stable but premiums are sensitive to regional hazard profiles.
Economic momentum is limited with a reliance on agriculture and local services; there are no major corporate headquarters or large-scale infrastructure projects currently reported for this ZIP.
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).
The area is rural and car-dependent, with residents typically commuting to nearby employment hubs like Tuscaloosa or Demopolis via state highways.
Recreational opportunities are primarily outdoor-focused, including access to rural landscapes and proximity to the Black Warrior River; formal shopping and dining are limited within the ZIP.
The rental market is thin with limited inventory; HUD Fair Market Rent for a 2-bedroom unit is $1,060, reflecting a modest increase in recent years.
The local economy is primarily agricultural and service-based, with limited industrial presence; most economic activity is tied to the broader Hale County and Tuscaloosa labor markets.
No major commercial or residential developments are currently approved or under construction within the ZIP.
Parcels are served by the Hale County School District and standard county-level utility and emergency service districts.
Property insurance is available but premiums are influenced by the area's rural nature and exposure to severe weather events.
Data retrieved from U.S. Census Bureau ACS 5-year estimates and DHC tables.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
Provides regional access for fishing and outdoor recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.