36535, Foley, AL

The 36535 zip code of Foley, AL has a median home value of $131,000. This is lower than the Alabama state median home value of $157,500. The Foley zip code also has a lower than average percentage of homeowners with equity in their homes (41%). This indicates that there are more homes in this zip code that are worth less than the amount owed on them, rather than more homes that are worth more than the amount owed on them.

There are several factors that could contribute to the low home equity and home prices in the 36535 zip code of Foley. One reason could be that there is a high number of homes that are worth less than the amount owed on them. Another reason could be that there is a low percentage of homeowners with equity in their homes. It is possible that either or both of these factors have an impact on home prices and home equity in this area.