35654, Russellville, AL

The 35654 zip code of Russellville, AL is located in the southeastern corner of the state and has a population of just over 20,000. The median household income in this zip code is just under $40,000, which is significantly lower than the statewide median household income of just over $53,000. However, despite these low incomes, home prices in this zip code are much higher than the statewide average. As of March 2017, the median home price in this zip code was $141,500. This is more than double the statewide median home price of $63,500 and represents a significant premium over typical incomes in this area.

One possible explanation for these high home prices is that there are relatively few homes available for sale in this zip code. In March 2017 there were only 128 homes available for sale compared to 1,521 homes available for sale across Alabama as a whole. Additionally, many homes that are available for sale in Russellville are luxury homes that command high prices due to their location and amenities. For example, one recent listing on Zillow featured a 4-bedroom house with 3 bathrooms that was listed at $269 per square foot – which was more than three times the average price per square foot paid for housing units across Alabama as a whole.

Despite these high prices and limited availability of properties within the 35654 zip code, it is still possible to find affordable housing options if you are willing to look hard enough. For example, one recent listing on Trulia featured an 8-bedroom house with 2 bathrooms that was listed at just under $100 per square foot – which was nearly half the average price paid for housing units across Alabama as a whole. If you are looking to buy or sell a property in Russellville Zip Code 35654 be sure to contact our office for help!