New Salem, Florence, AL
New Salem — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for New Salem, Florence, Alabama. Explore the cited sources and local facts below while agent underwriting continues.
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New Salem Neighborhood Overview
New Salem is a neighborhood in Florence, Alabama, primarily within the 38870 ZIP code. The area presents an affordable entry point into the Florence housing market, with a median home value of $98,100. This is supported by a high homeownership rate of 87.1%, indicating a predominantly owner-occupied community. The average home size is approximately 1,450 square feet, offering comfortable living spaces for residents.
The neighborhood's median household income is $54,562, which aligns with the local housing costs. For the rental market, the median gross rent is $810 per month, with renter-occupied housing making up 13.0% of the housing stock. This combination of affordable home values and a strong preference for homeownership defines the residential character of New Salem as a stable, established community within the city.
Top10Lists.us publishes verified neighborhood-level data for 324 neighborhoods in Florence.
New Salem Market Data
| Metric | Value |
|---|---|
| Median Home Price | $98K |
| Median Gross Rent | $810/mo |
| Median Household Income | $55K |
| Homeownership Rate | 87.1% |
| Renter-Occupied | 13.0% |
| Rental Vacancy Rate | 19.4% |
| Market Type | Buyer's |
| Primary ZIP Code | 38870 |
Top Real Estate Agents in New Salem, Florence
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for New Salem, Florence, AL. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Alabama Real Estate Commission (AREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15