The story of this market
The typical home in ZIP 36904 sells for about $140,000, or $85 per square foot.
Prices are down 6.04% from a year ago, which gives buyers more room to negotiate. Homes take about 92 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $731 a month.
ZIP 36904 — Butler
The housing market in 36904 is characterized by low inventory and slow turnover, reflecting a stable but stagnant rural economy. Prices have seen a slight year-over-year decline, and the market remains highly sensitive to local employment trends in the timber and public sectors.
This ZIP is best suited for local workers, retirees, and families seeking affordable rural living with proximity to the Tombigbee River.
Median prices moved down 6.0% year over year.
Homes spend a median of 92 days on market with 12.0 months of supply — a slower-moving market.
5% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.0% · poverty 17.6% — 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 5.7%/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 3.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 36904, Choctaw 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.
Schools in the area are primarily served by the Choctaw County School District, which faces challenges typical of rural Alabama districts.
The area is subject to standard regional risks including severe thunderstorms and occasional flooding; insurance availability is generally stable but premiums are rising.
Economic momentum is limited, with the local economy heavily reliant on timber, manufacturing, and public sector employment in Butler.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. 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. Code § 40-8-1 and the Alabama Constitution.
Commutes are primarily car-dependent, with residents traveling to local employment hubs in Butler or commuting to larger regional centers like Meridian, MS.
Recreation is centered on outdoor activities, including proximity to the Tombigbee River for fishing and boating, and local community parks in Butler.
The rental market is characterized by low turnover and limited inventory, with demand driven by local workforce needs.
The economy is anchored by the timber industry, local government, and small-scale manufacturing facilities in and around Butler.
Transportation is dominated by private vehicle use on state highways; there is no public transit infrastructure.
Development is primarily focused on small-scale residential maintenance and local infrastructure improvements.
The Choctaw County Revenue Commissioner manages property assessments based on fair market value with standard state-mandated exemptions.
Parcels are subject to Choctaw County school and general fund taxes; no major MUD or PID districts are present.
Property insurance is available but subject to market-wide increases in premiums due to regional weather risks.
Alabama is a non-judicial foreclosure state, allowing for relatively efficient lender recovery processes.
Alabama is a caveat emptor (buyer beware) state, placing the burden of inspection primarily on the buyer.
Data retrieved from data.census.gov ZCTA 36904 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 regional waterway providing fishing and boating access.
Central hub for local government and community events in Butler.
Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).