The story of this market
The typical home in ZIP 35816 sells for about $164,000, or $125 per square foot.
Prices are roughly flat from a year ago (+0.8%), a market in balance. Homes take about 56 days to sell. HUD's fair market rent for a two-bedroom is $915 a month.
ZIP 35816 — Huntsville
The 35816 housing market is characterized by lower price points compared to the broader Huntsville area, with a median value of $164,000. Market indicators suggest a challenging environment for investors due to vacancy drift and management intensity. Growth is supported by the presence of Alabama A&M University, though the area trails neighboring submarkets in key performance metrics.
This ZIP is best suited for investors who understand the specific management requirements of the area, as it presents challenges that differ from more stable neighboring submarkets.
Median prices moved up 0.8% year over year.
Homes spend a median of 56 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 8.0% · poverty 24.7% — a mixed stability profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 35816, 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 is characterized by proximity to Huntsville's aerospace and technology employment hubs, though it faces challenges with management intensity and vacancy drift.
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.
The ZIP is located within Huntsville, providing access to major employment corridors via local arterial roads.
The area features proximity to local parks and shopping districts within the broader Huntsville metropolitan reach.
The rental market in 35816 is noted for management intensity and vacancy drift, requiring operators to have specific local market knowledge.
The economy is tied to the broader Huntsville market, which is anchored by aerospace, defense, and technology sectors.
Data retrieved from US Census and ACS 5-year estimates.
- Dave & Buster's Huntsville4.32.8 mi
- Urban Air Trampoline and Adventure Park4.12.9 mi
- Flow Huntsville Trampoline Park4.93.1 mi
- Let's Play Huntsville4.53.9 mi
- Altitude Trampoline Park Huntsville4.43.8 mi
- Von Braun Center4.61.8 mi
- The Orion Amphitheater4.73 mi
- Stovehouse4.71.6 mi
- Topgolf Huntsville4.43 mi
- Lowe Mill ARTS & Entertainment4.72.2 mi
- U.S. Space & Rocket Center4.73.1 mi
- Huntsville Botanical Garden4.72.7 mi
- Monte Sano State Park4.85.6 mi
- Cinemark Bridge Street and XD4.43.7 mi
- Big Spring International Park4.81.9 mi
- U.S. Space & Rocket Center4.73.1 mi
- Lowe Mill ARTS & Entertainment4.72.2 mi
- EarlyWorks Children's Museum4.62.1 mi
- Burritt on the Mountain4.74.7 mi
- Huntsville Museum of Art4.62 mi
- Huntsville Botanical Garden4.72.7 mi
- Monte Sano State Park4.85.6 mi
- Big Spring International Park4.81.9 mi
- Dublin Park4.67.2 mi
- Burritt on the Mountain4.74.7 mi
- Ditto Landing4.512 mi
- Topgolf Huntsville4.43 mi
- RTJ Golf Trail at Hampton Cove4.410.3 mi
- Sam & Greg's Pizzeria/Gelateria4.62 mi
- Colonial Golf Club4.39 mi
- The Ledges4.77.4 mi
- Bridge Street Town Centre4.63.7 mi
- Parkway Place4.33 mi
- Stovehouse4.71.6 mi
- Publix Super Market at Twickenham Square4.62.3 mi
- Publix Super Market at The Pinnacle at Providence4.63.8 mi
- Huntsville International Airport4.411.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A major educational institution located within or serving the immediate area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.