36375, Slocomb, AL

The 36375 zip code of Slocomb, AL is located in the southeastern corner of Alabama. The area has a population of just over 10,000 and median household income is just over $50,000. Home prices in this zip code have been on the rise for the past several years and are now above the national average.

There are a number of factors that have contributed to the increase in home prices in this zip code. First, there is a strong demand for housing due to the high unemployment rate and low availability of available properties. Second, there is an abundance of quality homes available for sale which has driven up prices. Finally, Slocomb is located in an affluent area which has also helped to drive up prices.

Despite these positive factors, there are some risks associated with buying a home in this zip code. First, there is a high level of mortgage delinquency which could lead to decreased home values if not resolved quickly. Second, although incomes are high compared to many other areas in Alabama, they may not be enough to cover all costs associated with owning a home such as property taxes and maintenance costs.