The story of this market
The typical home in ZIP 36912 sells for about $69,600, or $46 per square foot.
Prices are down 2.1% from a year ago, which gives buyers more room to negotiate. Homes take about 142 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $750 a month.
ZIP 36912 — Lisman
The housing market in 36912 is characterized by low transaction volume and stagnant price growth, reflecting the broader economic challenges of rural Choctaw County. Limited inventory and a lack of new development keep the market quiet, with affordability remaining the primary driver for the few active buyers. The area remains a niche market for local residents rather than an investment or commuter destination.
This ZIP is best suited for local residents, retirees, or those seeking low-cost rural living, as it lacks the amenities and employment density required by commuters or young professionals.
Median prices moved down 2.1% year over year.
Homes spend a median of 142 days on market with 6.0 months of supply — a slower-moving market.
8% of listings have cut prices · homes sell at 94.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 11.5% · poverty 25.8% — elevated distress and economic pressure.
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 2.0%/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 1.7%/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 36912, 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, low-density districts in Alabama.
The area is subject to standard regional risks including severe thunderstorms and potential flooding in low-lying areas near the Tombigbee River basin.
Economic momentum is limited, with the area primarily supported by local government, agriculture, and forestry sectors; there are no major industrial developments currently reported.
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 nearby employment hubs in Butler or Meridian, MS, via state highways.
Recreational opportunities are largely rural, focusing on outdoor activities like hunting, fishing, and access to local community parks in Lisman.
The rental market is characterized by low inventory and limited turnover, with most units being single-family homes rather than multi-family complexes.
The local economy is heavily reliant on forestry, agriculture, and public sector employment within Choctaw County.
Transportation is entirely reliant on private vehicles; there is no public transit infrastructure serving this rural area.
There are no major commercial or residential developments currently approved or under construction in this ZIP code.
The Choctaw County Revenue Commissioner handles property assessments, typically following a standard county-wide appraisal cycle.
Parcels are subject to Choctaw County school and general fund taxes; no major MUDs or PIDs are present.
Property insurance premiums are influenced by regional wildfire and windstorm risks, with availability often limited in rural Alabama markets.
Alabama is a non-judicial foreclosure state, allowing for relatively fast foreclosure processes under the power of sale clause in mortgages.
Alabama follows a 'caveat emptor' (buyer beware) doctrine, meaning sellers have limited mandatory disclosure requirements regarding property condition.
Data retrieved from Census Reporter and US Census Bureau QuickFacts.
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.
Local public space for community gatherings and outdoor recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.