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An appreciation-lean market without the demand pressure to back it. The rent math runs thin.
What would change this read: a price correction (median already −16.1% YoY) or rent growth lifting rent-to-price toward 0.8%/mo would move this ZIP toward a cash-flow story. inventory, +3.3% YoY, is the number to watch.
The median listing price is down 16.1% YoY while the median home got down 9.8% bigger, so value per square foot is down 1.0%.
Min/max come from the active-listing pool; the median comes from Realtor's separate listing set — the two are not subsets of each other, so the median's position relative to the tiles above should not be read literally.
At the median, a $439K purchase rents for $1,950/mo: 0.44% of price per month against the 1% rule's 1.00%.
Not shown: 1 BR (rent only, no matching sale price).
Sales here take about 15 days longer to go under contract than rentals (median across 2 property types).
Not shown: Apartment (rented here, not sold), Land (sold here, not rented), Manufactured (sold here, not rented).
U.S. Census ACS characteristics for ZIP 35756 itself, not its parent county.
Renters hold 17.4% of this ZIP's 8,815 occupied households, on a median household income of $130K.
| Measure | ZIP 35756 | Limestone County | Difference |
|---|---|---|---|
| Median Household Income | $130K | $84K | +$46K |
| Below Poverty Level | 4.2% | 10.0% | -5.8% |
| Median Age | 35.40 | 40.80 | -5.40 |
| Total Population | 24,947 | 111,233 | -- |
| Avg Household Size | 2.83 | 2.64 | +0.19 |
| Owner-Occupied | 82.6% | 77.6% | +5.0% |
| Worked From Home | 21.2% | 11.1% | +10.1% |
| Mean Commute | 22.00 | 26.30 | -4.30 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 3.4% to 111,233: residents under 18 are up 2.9% and those 65 and over are up 4.7%.
County median household income is $84K, 10.0% of residents are below the poverty level, 11.1% work from home.