The story of this market
The typical home in ZIP 36768 sells for about $70,000, or $58 per square foot.
Prices are down 2.1% from a year ago, which gives buyers more room to negotiate. Homes take about 112 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,069 a month.
ZIP 36768 — Pine Apple
The housing market in 36768 is characterized by low transaction volume and stable, low-cost home values. Market conditions are driven by the rural nature of the area, with limited inventory and minimal new development activity. The area remains a niche market for those seeking affordable, rural living.
This ZIP is best suited for individuals or families seeking a quiet, rural lifestyle with a very low cost of living, rather than commuters or investors looking for high-growth urban amenities.
Median prices moved down 2.1% year over year.
Homes spend a median of 112 days on market with 8.4 months of supply — a slower-moving market.
13% of listings have cut prices · homes sell at 96.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.9% · poverty 17.6% — 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 2.7%/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 1.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 36768, Dallas 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 subject to standard regional climate risks including severe thunderstorms and potential flooding, typical of the Alabama Black Belt region.
Economic momentum is limited with a focus on agricultural and rural industry; no major corporate developments or infrastructure projects are currently reported for this ZIP.
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.
The average commute time is approximately 30.6 minutes, reflecting the rural nature of the area and reliance on personal vehicles for travel to regional employment hubs.
Recreational opportunities are primarily rural, including access to local hunting, fishing, and open space, with limited commercial shopping or entertainment venues within a 3-mile radius.
The rental market is characterized by low inventory and limited turnover, with most housing stock consisting of single-family homes.
The local economy is primarily driven by agriculture and small-scale local services, with limited major industrial employers in the immediate vicinity.
Transportation is entirely dependent on private vehicle use via state and county road networks; no public transit infrastructure exists.
There are no major approved or under-construction commercial or residential developments reported for this ZIP code.
The Dallas County Revenue Commissioner manages property assessments, applying a 10% assessment rate to the fair market value of residential properties.
Parcels are subject to Dallas County general property taxes and specific school district millage rates.
Property insurance premiums are influenced by regional exposure to severe weather events, including wind and storm damage common in Alabama.
Alabama is a non-judicial foreclosure state, allowing for relatively rapid foreclosure processes following default.
Alabama follows a 'caveat emptor' (buyer beware) doctrine, limiting mandatory seller disclosures to specific conditions like known material defects affecting health and safety.
Data retrieved from Census Bureau ZCTA profiles and local market aggregators.
Extensive rural landscape suitable for outdoor activities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.