HousingHandbookReference data

U.S. ZIP Code · AL35816

Madison County · Huntsville, AL

Typical home value

$159,722[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-0.3%
5-year / yr
+4.7%
10-year / yr
+9.3%

Relative price

vs U.S.
-43.8%
vs metro
-47.4%
vs state
-18.5%
ZIP 35816 location in AL
Location of ZIP 35816 in AL

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 35816 is worth $159,722 — 47.4% below the Huntsville, AL median. Over the past year, values have fallen 0.3%. Homes here rent for a typical $1,128 a month — a 8.5% gross rental yield. The effective property tax rate is 0.4%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,128[2]
Gross yield
8.5%[2]
Cap rate
5.1%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.4%[3]
Typical annual tax
$580[3]

#Climate risk

FEMA National Risk Index ratings for Madison County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively High[4]
Riverine flood
Relatively High
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Relatively Moderate
Hurricane
Relatively Low
Tornado
Relatively High
Earthquake
Relatively Moderate
Winter weather
Relatively High

#Who lives here

Population
15,939[3]
Median household income
$40,242[3]

#Migration

Household moves in and out of Madison County over a year, from IRS tax-return data.

Net migration
+2,534[5]
Moved in
12,083
Moved out
9,549

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
1
Elementary
1
Middle
0
High
0
  • Sonnie Hereford Elementary School

    Elementary · Grades PK–6 · Huntsville City

    570 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield8.5%
Net yield (after ~40% expenses)5.1%
Annual rent$13,537

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$808
Loan principal$127,778
Down payment$31,944
Total interest paid$162,974

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio0.88
Monthly cost to own$989
Monthly rent$1,128

Owning is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
68th percentile[1]
Rental yield
88th percentile[2]
Property tax
63rd percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 35816?
The typical home in 35816 is worth $159,722, based on the Zillow Home Value Index.
Are home values rising in 35816?
Home values in 35816 are down 0.3% over the past year, and up 4.7% a year over five years.
What is the typical rent in 35816?
A typical home in 35816 rents for about $1,128 a month, a gross rental yield of 8.5%.
What is the property tax rate in 35816?
The effective property tax rate in 35816 is 0.4% — roughly $580 a year on a typical home.
Who lives in 35816?
ZIP code 35816 has a population of 15,939 and a median household income of $40,242.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Huntsville, AL

    Typical home
    $158,240
    Gross yield
    9.6%
  • Huntsville, AL

    Typical home
    $170,485
    Gross yield
    9.7%
  • New Hope, AL

    Typical home
    $221,296
    Gross yield
  • Athens, AL

    Typical home
    $252,804
    Gross yield
    5.9%
  • Ardmore, AL

    Typical home
    $253,216
    Gross yield
  • Lester, AL

    Typical home
    $254,743
    Gross yield

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