35805, Huntsville, AL

The 35805 zip code of Huntsville, AL has a median home value of $101,000. The home equity in this zip code is $39,000. This means that the average homeowner in this zip code has 39% equity in their home. Home prices have been on the rise for the past few years and are predicted to continue doing so for the next few years as well.

The average household income in this zip code is $50,000. This means that most homeowners in this area have enough money saved up to cover a significant portion of their mortgage payments and still have some left over for other expenses. Additionally, many homeowners are able to get HELOCs or reverse mortgages which allow them to borrow against their home equity even more.

Overall, homeownership rates are high in this area and there is a lot of potential for growth in the future as long as current trends continue.