The story of this market
The typical home in ZIP 35760 sells for about $345,750, or $165 per square foot.
Prices are up +1.7% from a year ago, so sellers still have some momentum. Homes take about 44 days to sell. HUD's fair market rent for a two-bedroom is $1,089 a month.
ZIP 35760 — New Hope
The housing market in 35760 remains stable with moderate price appreciation and healthy buyer demand supported by the strong Huntsville economy. While inventory has increased compared to pandemic lows, the market remains competitive for well-priced homes. Buyers are benefiting from a more balanced environment, though mortgage rates continue to influence overall affordability.
This area is ideal for families and professionals working in the Huntsville tech and defense sectors who seek a suburban lifestyle with access to modern amenities and quality schools.
Median prices moved up 1.7% year over year.
Homes spend a median of 44 days on market with 4.2 months of supply — a fast-moving market.
18% 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 5.5% · poverty 13.8% — 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 7.2%/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 7.0%/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 35760, 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 area are generally lower than the national average, with local law enforcement reporting stable trends in property and violent crime.
Schools serving the area are part of the Madison County School System, which generally maintains solid performance ratings and is well-regarded for its academic programs.
The area faces moderate risk from severe thunderstorms and occasional tornadoes, typical for North Alabama, with standard insurance coverage recommended.
The area benefits from proximity to the Huntsville employment hub, including major aerospace and defense employers like Redstone Arsenal and the Cummings Research Park.
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 by car to Huntsville or Madison, with typical drive times ranging from 20 to 35 minutes depending on traffic along major corridors like US-72.
The area offers access to local parks and greenways, with proximity to the Tennessee River and various golf courses and shopping centers in the greater Huntsville area.
The rental market is characterized by moderate vacancy pressure and stable rent growth, with a mix of single-family rentals and apartment complexes.
The economy is anchored by the Huntsville aerospace, defense, and technology sectors, with significant employment at Redstone Arsenal and Cummings Research Park.
Transportation is heavily reliant on private vehicles, with major highway access provided by US-72 and nearby I-565 connecting to the broader metro area.
Development is focused on residential subdivisions and supporting retail infrastructure to accommodate the steady influx of new residents.
The Madison County Tax Assessor manages property valuations, with assessments updated periodically to reflect market conditions.
Parcels are subject to Madison County school taxes and various utility district fees for water and fire protection services.
Property insurance premiums are influenced by regional weather risks, including wind and hail, with competitive rates available through major national carriers.
Alabama continues to see positive net domestic migration, driven largely by the economic growth of the Huntsville metro 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 that affect health and safety.
Data retrieved from data.census.gov for ZCTA 35760.
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 a lake, camping, and equestrian facilities.
Provides local athletic fields and community programming.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.