35805 — Madison County, Alabama Market Snapshot
Housing market data for zip code 35805 in Madison County, Alabama. Updated monthly with median prices, days on market, and more.
Market Sales Data
48 sales in 2026 (year to date)
Median Sale Price
$181,000
Days to Sell
59
Homes Sold
48
Inventory
75
Sale-to-List
96.2%
New Listings
72
Price/SqFt
$145
Pending Sales
54
Conforming Loan Available
Most homebuyers in 35805 can comfortably use conventional financing. The median home price of $181,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
35805's market is balanced with homes taking an average of 59 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
The average home in 35805 sells for 3.8% below asking price (96.2% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 35805 can comfortably use conventional financing. The median home price of $181,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 35805 are set at the county level.
2026 Loan Limits — Madison County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 35805
To purchase the median home at $181,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,537.
Monthly Payment
$1,537
Income Required
$65,861
Principal & Interest
$1,115/mo
Down Payment (5%)
$9,050
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 35805.
Estimated Monthly Payment
$1,270
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