The story of this market
The typical home in ZIP 35763 sells for about $425,000, or $185 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $2,297 a month.
ZIP 35763 — Owens Cross Roads
The 35763 housing market remains robust, driven by high demand from professionals working in Huntsville's defense and tech sectors. Prices continue to see moderate year-over-year growth, supported by low inventory and a strong local economy. While days on market have ticked up slightly, the area remains a competitive seller's market.
This ZIP is ideal for families and professionals seeking a suburban lifestyle with proximity to nature and high-quality schools, while maintaining access to Huntsville's major employers.
Median prices moved up 2.1% year over year.
Homes spend a median of 48 days on market with 4.8 months of supply — a fast-moving market.
13% 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 2.4% · poverty 2.6% — 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 6.3%/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 6.4%/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 35763, 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.
The area generally experiences lower crime rates compared to the broader Huntsville urban core, with property crime being the primary concern.
Schools serving this ZIP are part of the Huntsville City and Madison County systems, generally characterized as high-performing with strong community support.
The area is subject to standard regional risks including severe thunderstorms and occasional tornado activity, with flood zones concentrated near local creek beds.
Significant residential expansion continues in the Owens Cross Roads area, driven by proximity to the Redstone Arsenal and the growing Huntsville tech corridor.
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.
Commutes are primarily car-dependent, with residents relying on US-431 to reach major employment hubs in Downtown Huntsville and the Redstone Arsenal.
The area features extensive access to the Goldsmith-Schiffman Wildlife Sanctuary and the Big Cove greenway system, with local shopping centers providing essential services.
The rental market is characterized by low vacancy rates and high demand from professionals relocating for aerospace and defense roles.
The economy is heavily anchored by the aerospace, defense, and technology sectors, with significant employment driven by Redstone Arsenal and Cummings Research Park.
Transportation is almost exclusively private vehicle-based, with limited public transit options available in this suburban fringe.
Development is focused on expanding residential infrastructure to accommodate the influx of workers in the Huntsville metro area.
The Madison County Tax Assessor manages property valuations, typically reassessing on a multi-year cycle.
Parcels are served by Madison County Schools and various utility districts providing water and sewer services.
Property insurance premiums are influenced by regional severe weather risks, with competitive rates available through major national carriers.
Alabama continues to see positive net domestic migration, largely driven by the Huntsville metro area's economic growth.
Alabama is a non-judicial foreclosure state, allowing for relatively efficient processing of defaults.
Alabama operates under a 'caveat emptor' (buyer beware) doctrine, though sellers must disclose known material defects.
Data retrieved from data.census.gov 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.
Large protected area with trails and wildlife viewing.
Extensive paved trail system connecting residential areas.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.