36590, Theodore, AL

The 36590 zip code of Theodore, AL has a median home value of $128,000. This is significantly lower than the Alabama state median home value of $236,500. The Theodore zip code also has a low percentage of homeowners with equity in their homes (just over 30%). This indicates that many residents are still struggling to pay off their mortgages or owe more on their homes than the value of their property.

Despite these challenges, there are some reasons to be optimistic about the future prospects for home values in the Theodore zip code. First, there is a growing population and economy in the area which should lead to increased demand for housing and increased prices. Additionally, many homes in this area were built before the current recession and may not have been affected as much by it as other areas. Finally, there are few major developments planned for the area which could lead to decreased demand for housing and reduced prices.