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Oak Grove, AL—35006

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$143,000
4.0% YoY Growth
Household Income
$65,100
42.2% YoY Growth
Days on Market
66
20.0% Shorter YoY
Home Price Forecast
-0.1%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Oak Grove, AL

As of May '26, the median home price in Oak Grove, AL is $143,000, with a year-over-year change of 4.0%. This indicates that home prices in Oak Grove, AL are increasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$143,0004.0%
Single Family $143,0004.4%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$91,0002.2%
    3 Bed
    		$187,0005.6%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    1 Bedroom
    3.0%
    2 Bedrooms
    20.9%
    3 Bedrooms
    55.6%
    4 Bedrooms
    15.4%
    5+ Bedrooms
    5.0%

    Rental Trends — Oak Grove, AL

    Oak Grove, AL lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    1 Bedroom
    5.6%
    2 Bedrooms
    83.1%
    3 Bedrooms
    11.2%

    Property Listings — Oak Grove, AL

    As of May '26, Realtor.com reports that the median days on market for a home in Oak Grove, AL is 66. This is a decrease of -20.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$154,000-7.0%
    Listing Count
    		157.0%
    Listings as % of Homes0.3%7.0%
    Days on Market
    		66-20.0%
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    Demographics — Oak Grove, AL

    As of the latest ACS Survey released in 2023, Oak Grove, AL has a population of 3,600, which has increased by 23.0% over the past 5 years. Oak Grove, AL is a moderately popular place for families, as children make up 19.7% of the population. The area has a poorly educated workforce, with 8.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.6% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		3,60023.0%
    % Under 18
    		19.7%-6.6%
    % Seniors
    		24.1%26.2%
    % WFH
    		6.6%106.2%
    % w/ College Degree
    		8.2%-16.3%
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    As of the latest ACS Survey released in 2023, Oak Grove, AL is a predominantly white area, with 87.5% of the population identifying as white. The white population has shrunk by 8.9% in the last 5 years. The second most common race or ethnicity in Oak Grove, AL is black, making up 10.1% of the population. Foreign-born residents account for 0.5% of the population in Oak Grove, AL, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		87.5%-8.9%
    % Black
    		10.1%215.6%
    % Hispanic
    		0.5%∞%
    % Asian
    		0.0%N/A
    % Foreign Born
    		0.5%∞%
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    Mortgage and Risk — Oak Grove, AL

    According to HUD data as of 2023, there were 83 mortgage originations in Oak Grove, AL, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Oak Grove, AL. Investor activity is low, as 0.0% of loans were by investors. 22.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		83
    % Conventional Loans
    		72.0%
    % Government Loans
    		28.0%
    % Investor Loans
    		0.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		22.0%
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    Rentals and Section 8 — Oak Grove, AL

    Oak Grove, AL lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		N/A
    Total Units Section 8
    		N/A
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,000
    2 BedroomN/AN/A$1,130
    3 BedroomN/AN/A$1,420
    4 BedroomN/AN/A$1,580

    Affordability — Oak Grove, AL

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.2
    Median Home Price$143,000
    Median Household Income$65,100

    Oak Grove, AL — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Rock Creek, AL

    35023

    Brookwood, AL

    35444

    Sylvan Springs, AL

    35118

    Mc Calla, AL

    35111

    Pumpkin Center, AL

    35130

    Frequently Asked Questions