Huntsville, AL 35806 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. $341,500 median sold price is the primary indicator of recent transaction-level value in ZIP 35806 and suggests realized pricing remains below asking, given the $399,950 median listing price, which may indicate seller expectations are above cleared market levels. neutral market temperature and an up price year-over-year trend support cautious confidence in continued appreciation.
2. Liquidity appears moderate: a median days on market of 37 points to slower sales velocity than peak pandemic conditions and may reflect buyers taking time to adjust to current financing costs; this stable pace suggests more deliberative transactions rather than rapid turnover. elevated interest rate pressure is a constraining factor on affordability.
3. Income and valuation context: the median price per square foot of 202 and median market rent of $1,600 provide cross-checks for investor and owner-occupier valuation models; falling rent trend (down) combined with elevated financing costs suggests rental growth is not currently offsetting higher carrying costs.
4. Financing environment is a headwind: reported market rates around 6.75% for a 30-year fixed mortgage create elevated borrowing costs and may continue to slow buyer activity, reinforcing the need for sellers to price competitively and for buyers to secure rate-sensitive financing strategies. elevated interest rate pressure remains a primary risk to near-term velocity.

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.