The story of this market
The typical home in ZIP 36851 sells for about $158,500, or $115 per square foot.
Prices are down 1.1% from a year ago, which gives buyers more room to negotiate. Homes take about 88 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $765 a month.
This ZIP has no home sales of its own, so its market figures come from Tallapoosa County, Alabama (county-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 36851
ZIP 36851 is a rural area in Russell County, Alabama, for which no reliable market-wide residential sales data, demographic profiles, or economic indicators are currently published. The only available specific figure is the HUD Small Area Fair Market Rent for a two-bedroom unit, which is $1,070 for FY 2027. All other requested metrics are null due to a lack of published data for this specific ZCTA.
Median prices moved down 1.1% year over year.
Homes spend a median of 88 days on market with 6.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
Awaiting this reading — not graded.
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) — 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.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.