36352, Newton, AL

Newton, Alabama is a small town located in the southeastern corner of the state. The population was just over 10,000 as of 2010. Home prices in Newton have been on the rise for many years now and are among some of the highest in the state. In fact, according to Zillow, Newton's home values are currently $269,900 which makes it one of the most expensive zip codes in Alabama.

The main reason for this high home value is likely due to Newton's location and its proximity to Birmingham. Many people who live in Newton commute to work each day and so they are likely seeking out areas with high-paying jobs. Additionally, many people who live in Newton own their homes outright which also contributes to their home values being high.

Despite these positive factors, there are some potential risks that could affect home prices in Newton down the road. For example, if there were a large influx of new residents into Newton or if there were any major economic downturns that affected the area negatively, then home values could potentially decline. Additionally, although home values have been on an upward trajectory for many years now, they can still go down if interest rates went up significantly or if there were any other unforeseen events that impacted housing demand negatively.