35951 — Marshall County, Alabama Market Snapshot
Housing market data for zip code 35951 in Marshall County, Alabama. Updated monthly with median prices, days on market, and more.
Market Sales Data
27 sales in 2026 (year to date)
Median Sale Price
$259,888
Days to Sell
61
Homes Sold
27
Inventory
42
Sale-to-List
97.4%
New Listings
41
Price/SqFt
$152
Pending Sales
32
Conforming Loan Available
Most homebuyers in 35951 can comfortably use conventional financing. The median home price of $259,888 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, 35951 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 35951 sells for 2.6% below asking price (97.4% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 35951 can comfortably use conventional financing. The median home price of $259,888 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 35951 are set at the county level.
2026 Loan Limits — Marshall 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 35951
To purchase the median home at $259,888 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,141.
Monthly Payment
$2,141
Income Required
$91,765
Principal & Interest
$1,601/mo
Down Payment (5%)
$12,994
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 35951.
Estimated Monthly Payment
$1,758
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