35747, Grant, AL

The 35747 zip code of Grant, AL has a median home value of $128,000. This is lower than the national median home value of $177,500. The zip code also has a lower than average percentage of homes that are valued at over $250,000. This indicates that there is more affordable housing available in this area.

Grant's home equity is also lower than the national average. The median home equity in the United States is $141,200. In Grant however, the median home equity is only $106,100. This indicates that many residents are still struggling to pay off their mortgages or have other debt obligations associated with their homes.

Despite these challenges, Grant's homeownership rate is higher than the national average and it has a higher percentage of homes that are valued at over $250,000 compared to other U.S. zip codes. These factors indicate that there may be opportunities for homeowners in this area to improve their financial situation by refinancing or selling their homes for a higher price tag.