35143, Shelby, AL

The 35143 zip code of Shelby, AL is located in the southeastern corner of the state. The area has a population of around 36,000 and an average household income of around $60,000. Home prices in this zip code have increased significantly over the past few years, reaching a median sale price of $155,000 in 2016. This increase is likely due to both strong demand and limited supply.

The majority of homes in this zip code are owner-occupied. There is a relatively low rate of home foreclosure activity in this area, which may be attributable to the strong demand for housing stock. Additionally, many homeowners have taken advantage of low interest rates to invest their equity into other assets such as stocks or bonds. As long as these conditions remain stable, home prices will continue to rise in this area.