36542 ZIP Code Housing Market
$465,825median sale price
Quick answer: The median home sale price in ZIP code 36542 is $465,825, down 3.0% year-over-year. Homes sell in an average of 111 days with 763 active listings. The market is currently a buyer's market.
Is the 36542 ZIP code a buyer's or seller's market?
ZIP code 36542 is currently a buyer's market and homes selling in about 111 days. How we determine this →
36542 market data
| Metric | Value |
|---|---|
| Median sale price | $465,825 |
| Median list price | $519,900 |
| Year-over-year price change | -3.0% |
| Average days on market | 111 days |
| Active inventory | 763 listings |
| Sale-to-list price ratio | 95.9% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The 36542 zip code, located in Homewood, AL, is currently classified as a buyer's market. The median sale price stands at $465,825, representing a -3.0% change year over year. Homes in this area spend an average of 111 days on the market before going under contract. There are currently 763 active listings in the area, which influences how much negotiating power buyers and sellers have.
Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 36542 market may perform differently from surrounding areas depending on local school quality, proximity to employment centers, and housing stock characteristics. The metrics below are sourced from Redfin transaction data, Zillow home value estimates, and U.S. Census Bureau demographic statistics.
Homes sold
266
Last 12 weeks
Days on market
111
Average pace
Active listings
763
Sale-to-list
95.9%
Below asking
Market trends
Market analysis for 36542
The 36542 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a buyer's market, homes are selling at approximately 95.9% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 36542 have declined -3.0% compared to last year, which may present opportunities for buyers looking to enter the market at a lower price point. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 36542 stands at $457,254, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $1,454 per month. This gives a price-to-rent ratio of approximately 26.2, which indicates that renting may be more cost-effective than buying in the short term, though long-term appreciation could shift that calculus. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Community profile
Population
18,906
Median income
$79,639/yr
Median age
50 years
Owner-occupied
7258.0%
College grads
3892.0%
Avg commute
19.91 min
Living in 36542
Zip code 36542 is home to approximately 18,906 residents. The median household income is $79,639 per year, which shapes the types of homes and amenities available in the area. With a median age of 50 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 7258.0% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 3892.0% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 19.91 minutes, which is shorter than the national average and suggests good proximity to employment centers. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 36542.
Top public schools in ZIP 36542
2 schools tracked · 1,762 students
The largest public schools serving ZIP code 36542 by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Gulf Shores Elementary School
Grades PK-5 · 1,162 students
Gulf Shores Middle School
Grades 6-8 · 600 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 36542
What is the median home price in 36542?
The current median sale price in 36542 is $465,825, based on recent Redfin transaction data. Prices have changed -3.0% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 36542 a buyer's or seller's market?
The 36542 zip code is currently classified as a buyer's market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population and demographics of 36542?
Zip code 36542 has a population of approximately 18,906 residents. The median household income is $79,639 per year. About 7258.0% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 36542?
Properties Incorporated provides comprehensive data for 36542 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 36542 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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