The story of this market
The typical home in ZIP 36763 sells for about $70,000, or $446 per square foot.
Prices are roughly flat from a year ago (0%), a market in balance. Homes take about 55 days to sell. HUD's fair market rent for a two-bedroom is $921 a month.
ZIP 36763 — Myrtlewood
The housing market in 36763 is characterized by very low population density and limited transaction volume. Most market metrics are not determinable due to the small size of the community, with available data reflecting a rural, low-cost environment.
This rural area is primarily suited for individuals seeking low-cost, quiet living in a small community setting.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 55 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 4.5% · poverty 0.0% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 36763, Marengo 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.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. 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. Code § 40-8-1 and the Alabama Constitution.
The local economy is primarily rural and agricultural in nature.
Data for this specific ZCTA is limited in public census releases.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.