Blue Springs, AL—35031
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Blue Springs, AL
As of Oct '25, the median home price in Blue Springs, AL is $199,000, with a year-over-year change of 1.0%. This indicates that home prices in Blue Springs, AL are flat. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $199,000 | 1.0% |
| Single Family | $199,000 | 0.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $221,000 | 0.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Blue Springs, AL
As of July '25, Rentcast reports the average rent in Blue Springs, AL is $734, with a year-over-year rent change of -11.0%. Per bedroom, the median rent as of July '25 in Blue Springs, AL is 1-bedrooms: $698, 2-bedrooms: $758. The most common rental property sizes in Blue Springs, AL are 2-bedroom and 3-bedroom, accounting for 56.4% and 31.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $750 | $734 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $695 | $698 |
| 2 Bed Rent | $750 | $758 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Blue Springs, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Blue Springs, AL is 81. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $212,000 | -23.0% |
Listing Count | 28 | 55.0% |
| Listings as % of Homes | 0.4% | 55.0% |
Days on Market | 81 | -1.0% |
Demographics — Blue Springs, AL
As of the latest ACS Survey released in 2023, Blue Springs, AL has a population of 7,940, which has decreased by -1.5% over the past 5 years. Blue Springs, AL is a moderately popular place for families, as children make up 23.5% of the population. The area has a poorly educated workforce, with 15.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,940 | -1.5% |
% Under 18 | 23.5% | 2.2% |
% Seniors | 11.9% | -24.7% |
% WFH | 2.9% | 11.5% |
% w/ College Degree | 15.9% | 47.2% |
As of the latest ACS Survey released in 2023, Blue Springs, AL is a predominantly white area, with 75.5% of the population identifying as white. The white population has shrunk by 14.8% in the last 5 years. The second most common race or ethnicity in Blue Springs, AL is hispanic, making up 17.2% of the population. Foreign-born residents account for 6.7% of the population in Blue Springs, AL, and this percentage has increased by 13.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 75.5% | -14.8% |
% Black | 1.1% | 450.0% |
% Hispanic | 17.2% | 77.3% |
% Asian | 0.2% | -33.3% |
% Foreign Born | 6.7% | 13.6% |
Mortgage and Risk — Blue Springs, AL
According to HUD data as of 2023, there were 133 mortgage originations in Blue Springs, AL, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Blue Springs, AL. Investor activity is low, as 5.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 133 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 5.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Blue Springs, AL
Blue Springs, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 88 |
Total Units Section 8 | 0 |
% Rentals under Section 8 | 0.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $305 | $695 | $1,000 |
| 2 Bedroom | $380 | $750 | $1,130 |
| 3 Bedroom | N/A | N/A | $1,420 |
| 4 Bedroom | N/A | N/A | $1,580 |
Affordability — Blue Springs, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $199,000 |
| Median Household Income | $54,000 |