35442, Aliceville, AL

The 35442 zip code of Aliceville, Alabama is located in the southeastern corner of the state and includes a population of around 9,000. The median home value in this zip code is $119,000 and the median home equity is $101,000. This means that approximately one-third of homes in this zip code are worth more than their original purchase price and one-quarter of homes have more equity than the original mortgage.

Home prices in Aliceville have been on a steady rise for the past few years. In January 2017, the median home value was $118,000 which was an increase from $115,500 in January 2016. Over the past three years (2015-2017), home values have increased by an average of 7%. This growth has been especially pronounced in recent months with prices increasing by 8% from July to September 2017.

There are several factors contributing to this uptick in home values. One reason may be that there is a low supply of homes available for sale in Aliceville relative to other areas of Alabama. Additionally, many people who live in Aliceville own their homes outright which gives them more stability when it comes to buying and selling property. Finally, Aliceville has seen strong job growth over the past few years which has led to increased demand for housing stock.