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Market Snapshot

Median listing price
$429K

The median listing price in Huntsville, AL ZIP 35824 is $429,000 as of July 2026.

Median rent
$2,000/mo

The median market rent in Huntsville, AL ZIP 35824 is $2,000/month as of July 2026.

Days on market
37 days

The median days on market in Huntsville, AL ZIP 35824 is 37 days as of July 2026. The market is currently neutral.

Gross rental yield
5.59%

At a median list price of $429,000 and a median rent of $2,000/month, the gross rental yield in Huntsville, AL ZIP 35824 is 5.59% as of July 2026.

Huntsville, AL 35824 Real Estate Market Report

ZIP Code: 35824

Report Date: July 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


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.

Analysis Window
90 Days
Total Properties Analyzed
69
Active Listings
27
Sold Properties
42

Market Metrics

Median Listing Price
$429,000
Median Sold Price
$355,000
Median Price per Sqft
$184/sqft

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

Median Market Rent
$2,000

Property Taxes

Property Tax Rate
0.55%

Liquidity & Velocity

Median Days on Market
37
Sale-to-List Ratio
100.0%

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

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
flat
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Huntsville, AL, are 6.75% compared to the 5.99% average observed in early 2026, indicating that property owners who secured loans earlier this year locked in a more favorable cost of borrowing.

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


Key Findings

  1. The primary market indicator is the median sold price of $355,000, which reflects recent transaction activity and suggests that completed deals center well below asking levels given the median listing price of $429,000; this pricing gap may indicate pricing friction between seller expectations and realized value.
  2. Liquidity appears measured: the median days on market of 37 suggests moderate sales velocity and that properties are taking longer to convert than in rapid-appreciation cycles, which may indicate a more balanced negotiation environment where presentation and pricing matter more than speed.
  3. Market-level fundamentals show a positive trajectory for asset values with the price year-over-year trend marked as up, while rent movement is muted—rent year-over-year trend is flat—pointing to appreciation-led value rather than rental-driven expansion; this combination may favor owners expecting capital gains over immediate rental uplift.
  4. External financing and cost-of-capital factors are a headwind: interest rate pressure is elevated and current mortgage conditions note 30-year fixed rates at 6.75% versus a 5.99% average earlier in 2026, which may suppress some buyer purchasing power and support caution on pricing aggressiveness despite a neutral market temperature.

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.

Recent Transactions

76 Lake Forest Blvd Sw, Huntsville, AL 35824
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

4 beds2 baths2,452 sqft
$870,000
Apr 1, 2026
$355/sqft
40 days on market
105 Willow Lake Cir Sw, Huntsville, AL 35824
Premium

Sold above market average

4 beds2 baths2,237 sqft
$730,000
May 1, 2026
$326/sqft
36 days on market
25 Cypress Grove Ln Sw, Huntsville, AL 35824
Premium

Quick sale indicating strong buyer demand and competitive market conditions.

4 beds3 baths2,257 sqft
$710,000
Jun 1, 2026
$315/sqft
1 days on market
102 Silver Tail Ln Sw, Huntsville, AL 35824
Premium

Quick sale indicating strong buyer demand and competitive market conditions.

4 beds1 baths2,092 sqft
$435,000
May 1, 2026
$208/sqft
1 days on market
115 Pointe Haven Ct Sw, Huntsville, AL 35824
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

- beds2 baths1,564 sqft
$400,000
Jun 1, 2026
$256/sqft
1 days on market
104 Gray Run Dr Sw, Huntsville, AL 35824
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths2,300 sqft
$400,000
Apr 1, 2026
$174/sqft
114 Misty River Ln Sw, Huntsville, AL 35824
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds2 baths2,390 sqft
$380,000
Jun 1, 2026
$159/sqft
133 Herrick Dr Sw, Huntsville, AL 35824
Value

Sold below market average

- beds1 baths1,379 sqft
$212,300
May 1, 2026
$154/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$72/mo
35824 Avg Rent
35824 Cost to Own
Rent$2,000
Own$2,072

20% down, 6.55% rate, 0.6% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

35824 Avg nightly rate
35824 Avg occupancy (days/year)
Nightly rate$137/night
Occupancy66 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 7/22/2026

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