The story of this market
The typical home in ZIP 35756 sells for about $369,700, or $171 per square foot.
Prices are down 9.72% from a year ago, which gives buyers more room to negotiate. Homes take about 104 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,810 a month.
ZIP 35756 — Mooresville
The 35756 housing market is experiencing a period of price correction following years of rapid appreciation, with inventory levels rising and days on market increasing. Despite the year-over-year price decline, the area remains a highly desirable destination for professionals due to its strong school system and proximity to major employment hubs. Market activity is currently balanced, with buyers gaining more leverage than in previous years.
This ZIP is ideal for families and professionals seeking high-quality schools, proximity to major tech employers, and a suburban lifestyle with modern amenities.
Median prices moved down 9.7% year over year.
Homes spend a median of 104 days on market with 1.6 months of supply — a balanced-paced market.
19% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.5% · poverty 4.2% — 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 7.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 35756, Madison 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.
Crime rates in the Madison area are generally considered low compared to national averages, with the city maintaining a reputation for safety within the Huntsville metropolitan region.
The area is served by the highly-regarded Madison City Schools district, which consistently ranks among the top-performing public school systems in Alabama.
The region faces moderate risks from severe thunderstorms and occasional tornadoes, typical of North Alabama, with standard flood insurance recommended for low-lying areas.
Economic momentum is driven by the nearby Redstone Arsenal and the expansion of the aerospace and defense sectors, fueling significant residential and commercial development.
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. County (Madison County, Alabama) — Madison County Board of Equalization Property Value Protest Procedures: Establishes a mandatory administrative remedy for contesting county tax appraised valuations. County (Madison County, Alabama) — Composite Property Tax Levies (State, County, School, and Municipal Millages): Every parcel is subject to composite millage consisting of: State of Alabama base rate (6.5 mills), Madison County general and special fund millages, Madison County or City school district millages, and applicable municipal millages (e.g., Huntsville or Madison). County (Madison County, Alabama) — Alabama Residential Assessment Ratio and Property Appraisal Regime: Madison County assesses residential real property (Class III) at 10% of fair market value.
Residents primarily commute via I-565 and US-72, providing direct access to the Redstone Arsenal and Cummings Research Park employment hubs.
The area features proximity to Dublin Memorial Park, various greenway trails, and easy access to the shopping and dining districts along the Highway 72 corridor.
The rental market is characterized by high demand from professionals relocating for defense and tech jobs, with moderate vacancy pressure and rising rent trajectories.
The economy is anchored by the defense, aerospace, and technology sectors, with Redstone Arsenal and Cummings Research Park serving as primary employment drivers.
Transportation is heavily reliant on private vehicles, with I-565 serving as the primary artery connecting the area to Huntsville and Decatur.
Development is focused on expanding suburban residential capacity and supporting infrastructure along the western Madison corridor.
The Madison County Tax Assessor manages property valuations, with assessments updated periodically to reflect market conditions.
Parcels are subject to Madison City Schools district taxes and various municipal utility service districts.
Property insurance premiums are influenced by regional weather patterns, with standard coverage typically including wind and hail protection.
The state continues to see positive net domestic migration, driven by job growth in the Huntsville metropolitan area.
Alabama is a non-judicial foreclosure state, allowing for relatively efficient processing of defaults under state law.
Alabama follows a 'caveat emptor' (buyer beware) doctrine, though sellers must disclose known material defects in residential property.
Data retrieved from US Census Bureau ZCTA-level tables.
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.
Features sports fields, walking trails, and a community center.
Major open-air shopping, dining, and entertainment destination nearby.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.