Housing Insights for ZIP Code 35585 (Spruce Pine, AL)

Housing Summary for ZIP Code 35585

Homeowners

The median home value in ZIP Code 35585 (Spruce Pine, AL) is $151,000. Approximately 82.3% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 0.0%.

The average occupancy of owner-occupied units in ZIP Code 35585 is 3.44 occupants, while owner-occupied units have an aggregate average size of 3.22 bedrooms per housing unit.

Renters

In the 35585 ZIP Code, an estimated 17.7% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 0.0%.

Among renter-occupied units in this ZIP, the average occupancy is 1.47 occupants, while renters in this Franklin County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 35585

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 35585.

ZIP 35585 Alabama U.S.
Median Home Value $151,000 $229,960 $364,385
Owner-Occupied Housing Units 82.3% 68.8% 64.0%
Homeowner Vacancy Rate 0.0% 1.8% 1.6%
Average Size of Owner-Occupied Unit 3.44 2.60 2.70
Average # of Bedrooms Per Unit 3.22 2.88 2.75
Median Housing Rent $0 $792 $1,062
Renter-Occupied Housing Units 17.7% 31.2% 36.0%
Rental Vacancy Rate 0.0% 10.0% 6.0%
Average Size of Renter-Occupied Unit 1.47 2.42 2.49
Percent of Income Spent on Rent 0% 29.18% 29.83%

Home Values in ZIP Code 35585 (Spruce Pine, AL)

The median home value in ZIP Code 35585 is $151,000. That median value is about 6% higher than the median home value of $142,700 in Alabama overall, and is 31% lower than the $217,500 the median home value in the entire U.S. About 28.3% of homes in ZIP Code 35585 are valued $50,000 to $99,999. That is 35% higher than in the state of Alabama, in which 20.9% of homes are valued at $50,000 to $99,999, and is about 136% higher than in the U.S. overall (12.0% of homes valued at $50,000 to $99,999). The home value range that the smallest portion of ZIP Code 35585 homes fall into is $500,000 to $999,999 (2.4% of homes).

Home Values in ZIP Code 35585

This chart visualizes the breakdown of home values in ZIP Code 35585, Alabama, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 35585 vs. home values in both the state of Alabama and in the U.S. overall.

Home Values in ZIP Code 35585

See the table below for a regional comparison of home values in ZIP Code 35585.

Home Value ZIP 35585 Alabama U.S.
Less than $50,000 2.8% 13.3% 6.9%
$50,000 to $99,999 28.3% 20.9% 12.0%
$100,000 to $149,999 18.3% 18.4% 13.3%
$150,000 to $199,999 17.4% 16.3% 14.0%
$200,000 to $299,999 22.0% 16.8% 19.6%
$300,000 to $499,999 3.1% 10.1% 19.3%
$500,000 to $999,999 2.4% 3.5% 11.4%
$1,000,000 or more 5.7% 0.7% 3.4%

Home Ages in ZIP Code 35585 (Spruce Pine, AL)

Approximately 29.9% of homes in this Spruce Pine, AL region were built in 1970 to 1979. This amount of homes built in 1970 to 1979 in ZIP Code 35585 is about 83% higher than percentage of homes built in this time period in Alabama overall (16.3% of homes), and is 97% higher the percentage (15.2% of homes) in the U.S. as a whole. Additionally, an esimated 26.9% of local homes were built in 1980 to 1989. On the other end of the scale, just 0.0% of homes in this Franklin County ZIP Code were built in 1940 to 1949 in ZIP Code 35585. In comparison, 4.0% of homes in Alabama overall were built in 1940 to 1949, while 4.9% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 35585

A detailed regional comparison of home ages in ZIP Code 35585.

Year Built ZIP 35585 Alabama U.S.
2014 or later 0.0% 2.5% 2.5%
2010 to 2013 0.0% 3.7% 2.7%
2000 to 2009 10.5% 15.8% 14.0%
1990 to 1999 6.9% 18.1% 13.9%
1980 to 1989 26.9% 14.6% 13.4%
1970 to 1979 29.9% 16.3% 15.2%
1960 to 1969 14.0% 11.2% 10.6%
1950 to 1959 5.8% 8.5% 10.3%
1940 to 1949 0.0% 4.0% 4.9%
1939 or earlier 5.9% 5.2% 12.6%

Age of Homes in ZIP Code 35585

See the chart below for details on the age of homes in ZIP Code 35585, Alabama, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 35585

Frequently asked questions about housing in this Spruce Pine, AL ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 35585.

1

What is the average home value ZIP Code 35585?

The median home value in ZIP Code 35585 (Spruce Pine, AL) is $151,000.
2

Are homes expensive in ZIP Code 35585?

The median home value in 35585 ($151,000) is an estimated 6% higher than the aggregate median value of $142,700 in Alabama, and is 31% lower than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 35585?

The vacacy rate for owner-occupied housing in ZIP Code 35585 is 0.0%. This rate is 100% lower than the overall Alabama owner-occupied vacancy rate of 1.8%. Additionally, the 35585 vacancy rate is 100% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 35585 have older homes or newer construction?

In ZIP Code 35585, about 29.9% of homes were built in 1970 to 1979. That time range includes the most home construction. Also, 26.9% of homes in the region were built in 1980 to 1989. In contrast, 0.0% of homes in 35585 were built in 1940 to 1949.
5

What is the housing breakdown in ZIP Code 35585? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 35585 than renter-occupied housing. Owner-occupied units make up 82.3% of housing, compared to 17.7% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 35585?

The vacacy rate for rental units in ZIP Code 35585 is 0.0%. This rate is 100% lower than the overall Alabama vacancy rate of 10.0%. Additionally, the 35585 vacancy rate is 100% lower than the entire U.S. vacancy rate of 6.0%.