35125, Pell City, AL

Home equity is the difference between what a homeowner owes on their home and the value of their home. Home prices are the price at which homes are sold in a given area. Both of these factors can change over time, so it's important to keep an eye on both of them.

According to Zillow, as of May 2018, the median home value in Pell City was $101,200. This means that half of all homes in this zip code were worth more than $101,200 and half were worth less. Over the past year or so, home values have fluctuated quite a bit - going up and down by anywhere from 2% to 10%. However, over the long term (i.e., over several months or years), prices tend to move relatively slowly in most areas. So while there has been some variation in home values over the past year or so, they're still generally trending upwards - meaning that if you're looking to buy a house in Pell City right now, your chances are pretty good that you'll be able to find something that's within your budget.

One thing to keep in mind is that while home values tend to move slowly overall, they can go up or down faster in certain parts of town than others. So if you're thinking about buying a house in Pell City - or anywhere else for that matter - it might be a good idea to do some research into which neighborhoods have seen the biggest increases/decreases in prices lately.