Huntsville, AL 35802 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. median sold price: 337,000 is the best indicator of current market value in 35802 and points to transaction pricing materially lower than asking levels; the gap between median listing price: 517,450 and median sold price: 337,000 suggests pricing friction where seller expectations appear above recent realized sales.
2. median days on market: 49 signals slower sales velocity relative to a rapid-turn market and, combined with the neutral market temperature, suggests the market has moved toward balance rather than a frenzy; this appears consistent with neutral market conditions.
3. median price per square foot: 191 provides a consistent unit benchmark for SFR and condo valuation in the area; with rent year-over-year trend described as flat and median market rent: 1,195, rental growth is not currently a strong driver of near-term valuation changes, flat.
4. interest rate pressure: elevated is an active headwind for affordability—current local mortgage pricing shows 6.75% versus the 5.98% market low earlier in 2026, which means holders who locked at lower rates retain favorable financing; this dynamic contributes to elevated interest rate pressure on transaction activity.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.