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Sylvan Springs town, AL

ZIP 35118 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 35118

Median Home Value
$156,900
Median Rent
$735
Affordability Snapshot
$43,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,008/mo PITI).

14%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.5x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

17.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 35118 in Sylvan Springs town, AL, a household would need roughly $43,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,008. That sits below the local median household income ($63,333), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 17% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
79.7%+22% vs US avg
x
Vacancy Rate
16.9%+64% vs US avg
x
Broadband Access
85.4%-2% vs US avg
x
4+ Bedrooms
1.4%-90% vs US avg
x
Built Pre-1939
10.1%-21% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
14.2%-71% vs US avg
x
Mortgage-Free
55.8%+46% vs US avg
x
$156,900
Home Value
$735
Rent
1974
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached79.5%
  • 1-unit attached0.0%
  • 2-9 units0.5%
  • 10+ units0.0%
  • Mobile home & other20.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$156,900
Median rent$735
Owner-occupied79.7%
Vacant16.9%
Price-to-income2.5x
Est. income to buy$43,000