35650 — Morgan County, Alabama Market Snapshot
Housing market data for zip code 35650 in Morgan County, Alabama. Updated monthly with median prices, days on market, and more.
Market Sales Data
30 sales in 2026 (year to date)
Median Sale Price
$246,450
Days to Sell
61
Homes Sold
30
Inventory
34
Sale-to-List
97.0%
New Listings
37
Price/SqFt
$134
Pending Sales
33
Conforming Loan Available
Most homebuyers in 35650 can comfortably use conventional financing. The median home price of $246,450 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
With homes sitting for 61 days on average, 35650 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
The average home in 35650 sells for 3.0% below asking price (97.0% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 35650 can comfortably use conventional financing. The median home price of $246,450 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 35650 are set at the county level.
2026 Loan Limits — Morgan 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 35650
To purchase the median home at $246,450 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,038.
Monthly Payment
$2,038
Income Required
$87,352
Principal & Interest
$1,519/mo
Down Payment (5%)
$12,323
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 35650.
Estimated Monthly Payment
$1,675
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