35741 — Madison County, Alabama Market Snapshot

Housing market data for zip code 35741 in Madison County, Alabama. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

14 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$546,200

15.8% YoYClosed sales

Days to Sell

108

Median, listing to close

Homes Sold

14

Closed in 2026

Inventory

11

Sale-to-List

98.4%

New Listings

15

Price/SqFt

$176

Pending Sales

14

Conforming Loan Available

Most homebuyers in 35741 can comfortably use conventional financing. The median home price of $546,200 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 108 days on average, 35741 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

Homes are selling very close to asking price in 35741 (98.4% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 35741 can comfortably use conventional financing. The median home price of $546,200 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 35741 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 35741

To purchase the median home at $546,200 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $4,335.

Monthly Payment

$4,335

Income Required

$185,778

Principal & Interest

$3,366/mo

Down Payment (5%)

$27,310

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 35741.

%
%

Estimated Monthly Payment

$3,530

Principal & Interest$2,834
Property Tax$546
Insurance$150
Loan Amount$436,960
Total Interest$583,320
Income Required$151,299/yr

Connect with a LoanGraphs Loan Officer

Get expert guidance for zip code 35741. Tell us what you're looking for.

I'm interested in:

No obligation. Free consultation.