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Research Park

Research Park

Suburban Neighborhood in Huntsville, Alabama

Madison County 35805, 35806, 35816

$368,161 Average Value
$174 Average Price per Sq Ft
136 Homes For Sale

The fourth largest research park in the world

People who live in Research Park are on the move. This isn’t surprising – with several shopping areas, restaurants and workplaces a short drive or bike ride away, it’s easy to hop from one destination to the next. This area is also home to Cummings Research Park, the second largest research park in the country and the fourth largest in the world. It was established in 1962 to foster collaborative efforts between companies supporting the government research being conducted for the nearby Redstone Arsenal. Since then, it has grown into a busy regional retail destination as well. And its homeowners? “Residents tend to live in the area for a minimum of five years, then either retire and move to a different community, or get married and need a bigger home,” says Deanne Gilreath, Realtor with Legend Realty and community sales manager for WrEn Homes. Like the innovations in science and engineering happening nearby, it seems residents share a similar drive to move and grow.

Demand dictates time homes are on the market

"A good portion of residents in MidTowne on the Park tend to move within that area when they’re ready for a new home,” says Gilreath. The area is a mix of apartments and single-family homes. The average home usually has three to four bedrooms and three to four bathrooms, covering 2,000 to 4,000 square feet. “The Old Towne Cottage - Bungalow style is very popular,” Gilreath says. Variations of this style are found in several subdivisions. There are also brick-sided colonials, ranch-style homes and split-level homes. Prices range from $95,000 for a two-bedroom bungalow built in 1960 to $139,000 for a colonial built in 1989 to $1.26 million for a five-bedroom custom-built millennial mansion. Prices for condos and townhomes range from $100,000 to $567,000. On average, houses spend less than eight weeks on the market,
and most lots are roughly 13,939 square feet. Additionally, more than 60% of residences are rented, indicating a demand for investment properties.
There are many well kept, older ranch style homes available in Research Park.
There are many well kept, older ranch style homes available in Research Park.
In addition to single family homes there are several apartment complexes in Research Park.
In addition to single family homes there are several apartment complexes in Research Park.
Split Level Homes offer an affordable and still charming home style option in Research Park.
Split Level Homes offer an affordable and still charming home style option in Research Park.
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Indian Creek Greenway features tree lined and manicured walking trails.
Indian Creek Greenway features tree lined and manicured walking trails.

Creekwood Park is a popular spot for r outdor recreation

There’s a lot to do in Research Park. Creekwood Park, on the western edge of the neighborhood, is a very popular local greenspace. Its 72 acres are home to a playground, dog park, disc golf course and picnic pavilions. The park is also a stop on the three-mile Indian Creek Greenway, a multi-use path that will eventually run six miles once all of its sections are connected. Providence Pet Park is a pet only park near the north section of the greenway. The new championship-ready Loretta Spencer Sports Complex, which has four new sports fields and seating for up to 5000 spectators, opened in John Hunt Park in the spring of 2024 about six miles from Research Park.

Space Shuttle Columbia is the namesake of the local high school

Students are enrolled in the Huntsville City Schools District. One school pipeline in the neighborhood includes Providence Elementary School, Williams Middle School and Columbia High School. Niche grades Providence a B-, Williams a B and Columbia an A. Columbia High, founded in 2005, is named in honor of the Space Shuttle Columbia. The Columbia shuttle was the first shuttle orbiter in space; the shuttle and its crew were destroyed during re-entry on February 1, 2003. Students from around the city can apply for the school's International Baccalaureate programs. There are also 20 colleges and universities in the area including Faulkner University.
The Orion Amphitheater in Huntsville's Research Park is a great place to catch a show.
The Orion Amphitheater in Huntsville's Research Park is a great place to catch a show.

Winter Park is the highlight of the holiday season

The Orion Amphitheater hosts several public events including Winter Park, an immersive, winter-themed experience in December. Participants get the chance to skate on a large eco-friendly “glice” rink and buy seasonal goods like hot chocolate from vendors. Santa Claus also pays a visit. Those who really embrace the winter wonderland vibe also have the option to rent private igloos for small gatherings.
Markers along the Research Park trail document the advancements in biomedical research found.
Markers along the Research Park trail document the advancements in biomedical research found.

Orbit buses stop at Bridge Street Town Centre

Research Park is served by Huntsville's Orbit transit system, which operates Monday through Saturday. The closest airport is Huntsville International-Carl T. Jones Field, which is twelve miles away and reachable in less than 30 minutes. The closest large city, Birmingham, is 100 miles south via I-65. Although Downtown Huntsville is very walkable – the EPA rates it with a score of 16.5 out of 20 – Research Park is not, and most locals need a car for day-to-day living. Cummings Research Park employs more than 26,000 people.

Buy groceries at Trader Joe's

Bridge Street Town Centre is a neighborhood hub for shopping and dining. Big-name retailers at Bridge Street include H&M, Old Navy and Oxford Street Menswear. Connors Steak & Seafood and Texas de Brazil, popular choices for fine dining, are also there. Bravo Italian Kitchen and Grille on Main are more casual options nearby. Neighborhood grocery stores include Kroger, Publix Super Market at The Pinnacle at Providence, and Trader Joe’s.
High end stores and restaurants are what you'll find at the Bridge Street Town Center.
High end stores and restaurants are what you'll find at the Bridge Street Town Center.
For a more upscale grocery experience there's Trader Joe's in Research Park.
For a more upscale grocery experience there's Trader Joe's in Research Park.
Publix Super Market offers high quality groceries for Research Park Residents.
Publix Super Market offers high quality groceries for Research Park Residents.
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Amy Balfour
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Amy Balfour
Tommy Daspit
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Tommy Daspit
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Agents Specializing in this Area

  • Sherry Cox

    Sherry Cox

    RE/MAX Unlimited

    (256) 289-7386

    90 Total Sales

    5 in Research Park

    $220K - $550K Price Range

    Sherry Cox
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  • Misty Woodford

    Misty Woodford

    Daniel-Christian Real Estate, LLC

    (615) 912-2911

    44 Total Sales

    1 in Research Park

    $141,134 Price

    Misty Woodford
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  • David Fleming

    David Fleming

    Responds Quickly

    Exit Total Realty

    (256) 667-6986

    73 Total Sales

    4 in Research Park

    $170K - $555K Price Range

    David Fleming
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  • Bev Gallegos

    Bev Gallegos

    eXp Realty LLC Northern

    (256) 361-1496

    77 Total Sales

    1 in Research Park

    $750,000 Price

    Bev Gallegos
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  • Luis Mendoza

    Luis Mendoza

    MRG Alabama Inc.

    (858) 293-4222

    19 Total Sales

    1 in Research Park

    $328,500 Price

    Luis Mendoza
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  • Gina Terry

    Gina Terry

    Responds Quickly

    Keller Williams Realty

    (938) 666-9593

    121 Total Sales

    2 in Research Park

    $334K - $467K Price Range

    Gina Terry
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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
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Interested in learning more about homes in this area? Reach out to Sherry Cox, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Huntsville International-Carl T Jones Field

21 min drive

Bus

Jordan Lane & Sparkman Dr Sb

Bus

University Across From Meadow

Bus

Beard & Sitka

Bus

Tarcog

Bus

Wynn & Corporate

Bus

Executive Dr & Downtown Rescue Mission

Bus

Poplar & Arctic

Crime and Safety

1 - Low Crime, 10 - High Crime Research Park US
Homicide 5 4
Sexual Assault 6 4
Assault with Weapon 5 4
Robbery 4 4
Burglary 6 4
Motor Vehicle Theft 4 4
Larceny 6 4
Crime Score 5 4

Source: WhatIsMyCrimeRisk.com

Research Park Demographics and Home Trends

On average, homes in Research Park, Huntsville sell after 77 days on the market compared to the national average of 49 days. The median sale price for homes in Research Park, Huntsville over the last 12 months is $320,000, down 4% from the median home sale price over the previous 12 months.

Housing Trends

Median List Price
$329,900
Median Sale Price
$320,000
Median Single Family Sale Price
$367,000
Median Townhouse Sale Price
$244,850
Median 2 Bedroom Sale Price
$149,900
Median Change From 1st List Price
0%
Last 12 months Home Sales
388
Median Home Sale Price YoY Change
-4%
Average Price Per Sq Ft
$174

Neighborhood Facts

Number of Homes in Neighborhood
5,225
Number of Homes for Sale
136
Median Year Built
1992
Months of Supply
4.20
Average Single Family Home Size Sq Ft
2,245
Above the national average
1,933
Average Townhouse Size Sq Ft
1,765
Average 2 Bedroom Size Sq Ft
1,254
Average 1 Bedroom Size Sq Ft
872
Median Lot Size Sq Ft
13,068

Open Houses

  • Saturday, Jun 14
    2 - 4pm

    129 Ivywood Rd, Huntsville, AL 35806

    $450,000

    • 3 Beds
    • 2 Baths
    • 2,742 Sq Ft
    • 129 Ivywood Rd
    • New 13 days ago

    This charming 3 bedroom, 2 bath home offers one-story living on an acre lot with no HOA! Inside, you'll find hardwood and tile floors throughout, a spacious living room with vaulted ceiling, formal dining, and a kitchen that opens into the family room with fireplace and cathedral ceiling. The kitchen features granite counters, lots of cabinet space, double ovens, and eat in area. A large sunroom

    Barbara Johnson
    ERA King Real Estate Company
    (256) 669-3811
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  • Sunday, Jun 15
    2 - 4pm

    69 Town Center Dr NW, Huntsville, AL 35806

    $875,000

    • 3 Beds
    • 4 Baths
    • 3,430 Sq Ft
    • 69 Town Center Dr NW
    • New 10 days ago

    Incredible multi-space townhouse in the Heart of the VOP! This picture perfect, mixed-use, 3-story TH includes 2 separate, but easily combined rentable spaces including a downstairs office or other comm use & upstairs residential space w/ 3 beds, 2.5 baths. The residential space is on the 2nd & 3rd floor with a separate front door and entryway from the business side. See floor plan in photos.

    Lindsey Parker Endeavour Realty

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  • Saturday, Jun 14
    1 - 3pm

    104 Bishop Bend Dr, Huntsville, AL 35806

    $1,050,000

    • 5 Beds
    • 4.5 Baths
    • 3,532 Sq Ft
    • 104 Bishop Bend Dr
    • New 22 days ago

    Stunning design, custom finishes, & coveted location, just minutes from Providence & Research Park. Thoughtful design w/ 2 story foyer, soaring 9-ft ceilings, crown molding, natural light & oak hardwood floors throughout main living areas. Cozy living room w/ gas fireplace & custom built-ins. Chef’s kitchen boasts oversized island, custom cabinetry, modern fixtures, walk-in pantry. Primary suite

    Megan Wilson Capstone Realty

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Distribution of Home Values

Source: Public Records

Homes for Sale

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Homes for Rent

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Interested in learning more about homes in this area? Reach out to Sherry Cox, an experienced agent in this neighborhood.

Average Home Value

Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
44,490
Median Age
34
Population Density
3 ppl/acre
Population under 18
22.4%
On par with the national average
23.8%
Population over 65
14.9%
On par with the national average
19.1%

Finances

Median Household Income
$56,851
Significantly below the national average
$71,702
Average Household Income
$79,540

Education and Workforce

High School Graduates
91.5%
College Graduates
47.9%
Above the national average
34.1%
Advanced Degrees
18.1%
% Population in Labor Force
70.2%
Above the national average
65.1%

Weather

Annual Precipitation
54''
Average Winter Low Temperature
32°F
Average Summer High Temperature
91°F
Annual Snowfall
6''

Area Factors

Somewhat Bikeable

Bike Score®

31 / 100

Car-Dependent

Walk Score®

14 / 100

Minimal Transit

Transit Score®

14 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Learn How Walk Score Works

Nearby Neighborhoods

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Reviews

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Research Park
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Research Park
Sherry Cox
RE/MAX Unlimited Section Image
Sherry Cox
Sherry Cox
RE/MAX Unlimited
Agent experienced in this area
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