35952, Altoona, AL

The 35952 zip code of Altoona, AL has a median home value of $101,000 and a median home equity of $60,000. The 35952 zip code is located in the eastern part of Alabama and has a population of around 25,000. The 35952 zip code is one of the most affordable zip codes in Alabama and has seen an increase in home values over the past few years.

There are many factors that contribute to the increase in home values in the 35952 zip code. One reason is that Altoona is a growing city with new businesses and homes being built. Additionally, Altoona has low unemployment rates which attracts new residents and businesses to the area. In addition, Altoona is close to major cities such as Birmingham and Montgomery which also contributes to increased demand for housing in the 35952 zip code.

Despite these positive factors, there are some challenges that face homeowners in the 35952 zip code. One challenge is that there are not enough homes available for sale in the area which can lead to high prices for existing homes and slowdowns in home construction activity. Another challenge facing homeowners is that interest rates have been relatively low recently which makes it difficult for people to borrow money to purchase a home or refinance their current mortgage.