The story of this market
The typical home in ZIP 35754 sells for about $345,000, or $178 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $701 a month.
ZIP 35754 — Laceys Spring
The housing market in 35754 remains stable, supported by consistent demand from the Huntsville employment corridor. While inventory remains tight, price growth has moderated compared to the rapid appreciation seen in previous years, reflecting a more balanced market environment.
This ZIP is ideal for family buyers and commuters seeking a quieter, rural-suburban lifestyle while maintaining access to the major employment hubs of Huntsville and Redstone Arsenal.
Median prices moved up 2.4% year over year.
Homes spend a median of 48 days on market with 5.2 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.8% · poverty 11.7% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 35754, Morgan County AL
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the Laceys Spring area are generally lower than the Alabama state average, with property crime being the primary concern in this rural-suburban transition zone.
Schools serving this area are part of the Morgan County School District, which generally maintains a stable reputation with moderate performance metrics across state assessments.
The area is subject to standard regional risks including severe thunderstorms and occasional tornado activity; flood risk is localized to specific low-lying areas near the Tennessee River.
Economic momentum is driven by proximity to the Huntsville-Decatur aerospace and defense corridor, with steady residential development catering to commuters.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Alabama) — Current Use Valuation: Allows property to be taxed based on its current use value rather than fair market value, potentially reducing the tax burden. Conversion to a non-qualified use triggers revaluation and potential back-tax liability. State (Alabama) — Class III Residential Property Tax Assessment: Property is assessed at 10% of its fair market value. The tax liability is calculated by multiplying the assessed value by the local millage rate. A standard homestead exemption applies to the 6.5 mill statewide property tax on the first $4,000 of assessed valuation. State (Alabama) — Class 3 Residential Property Tax Assessment: Residential property is classified as Class 3 and assessed at 10 percent of its fair market value. A standard homestead exemption applies to the 6.5 mill statewide property tax on the first $4,000 of assessed valuation. State (Alabama) — Standard State Ad Valorem Homestead Exemption: Exempts up to $4,000 in assessed valuation from the 6.5 mill state ad valorem tax levy (providing a maximum direct state tax reduction of $26.00). Formula: Adjusted State Tax = Max(0, (Assessed Value - $4,000)) × 0.0065. State (Alabama) — Statewide Ad Valorem Property Tax and Class III Residential Assessment Ratio: Establishes a baseline 6.5 statewide millage rate ($0.0065 per dollar of assessed value) under Ala.
Residents primarily commute via US-231 toward Huntsville, with typical drive times ranging from 20 to 35 minutes depending on traffic conditions.
The area offers significant outdoor access including proximity to the Tennessee River, Ditto Landing, and various hiking trails in the nearby mountain ridges.
The rental market is limited in depth, consisting mostly of single-family homes; vacancy pressure is low due to the high demand from workers in the Huntsville metro area.
The economy is heavily influenced by the Huntsville aerospace, defense, and technology sectors, including major employers like NASA Marshall Space Flight Center and Redstone Arsenal.
Transportation is almost exclusively automobile-dependent, with US-231 serving as the primary arterial corridor for regional connectivity.
Development is focused on low-density residential expansion, with local planning boards managing the transition of agricultural land to residential use.
The Morgan County Revenue Commissioner manages property assessments, utilizing a 10% assessment rate for residential parcels.
Parcels are subject to Morgan County school taxes and various fire district assessments depending on the specific location within the ZIP.
Property insurance premiums are influenced by regional severe weather risks, with standard coverage available through major national carriers.
Data retrieved from data.census.gov ZCTA 35754 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Major recreational hub on the Tennessee River offering boating, camping, and trails.
Nearby natural attraction featuring massive cave formations and hiking trails.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.