35816, Huntsville, AL

Huntsville, Alabama is located in the southeastern region of the United States. The 35816 zip code covers a total area of 7.1 square miles and has a population of approximately 197,000 people. Home equity and home prices in this zip code are among the highest in the country.

The median home value in this zip code is $269,900, which is more than double the national median home value of $146,500. The average home value in this zip code has increased by more than 50% since 2000, when it was $158,700. This rapid growth can be attributed to several factors including an influx of new residents and an increase in housing prices due to limited supply and high demand.

There are a number of reasons why home equity and home prices in this zip code are so high. First, Huntsville is a rapidly growing city that is experiencing strong economic growth. Second, there is limited available housing stock within this zip code which has led to increased demand for homes. Third, many homes within this zip code are owned by wealthy individuals or businesses who can afford to pay high prices for property. Finally, Huntsville's economy is strong enough that people are able to afford to buy homes even if their income isn't as high as other areas of the country.