The story of this market
The typical home in ZIP 36020 sells for about $218,500, or $116 per square foot.
Prices are up +12.05% from a year ago, so sellers still have some momentum. Homes take about 56 days to sell. HUD's fair market rent for a two-bedroom is $922 a month.
ZIP 36020 — Franklin
Market data for ZIP 36020 is not published at the ZCTA level; figures provided reflect Montgomery County, AL as of May 2026. The county market shows a median sold price of $218,500 with a 12.05% year-over-year increase, indicating steady price support despite rising inventory levels.
Median prices moved up 12.1% 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 1.8% · poverty 20.9% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 36020, Alabama
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
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 (Elmore County, Alabama) — Ad Valorem Property Tax Assessment: Property is assessed at a percentage of fair market value based on class: Class I (utility) at 30%, Class II (all other property) at 20%, and Class III (agricultural, forest, residential) at 10%.
not determinable
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.