Blue Springs, AL 35031 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Blue Springs, AL—35031

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$199,000

0.7% YoY Growth

Household Income

$54,000

23.8% YoY Growth

Days on Market

120

44.0% Longer YoY

Home Price Forecast

1.1%

Median Rent

$750

11.0% YoY Growth

1-Bed Rent

$695

N/A

2-Bed Rent

$750

3.8% YoY Growth

3-Bed Rent

N/A

Home Price Trends — Blue Springs, AL

As of Dec '25, the median home price in Blue Springs, AL is $199,000, with a year-over-year change of 0.7%. This indicates that home prices in Blue Springs, AL are flat. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$199,000	0.7%
Single Family	$200,000	0.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

Studio

0.4%

1 Bedroom

7.2%

2 Bedrooms

56.4%

3 Bedrooms

31.5%

4 Bedrooms

4.0%

5+ Bedrooms

0.4%

Property Listings — Blue Springs, AL

As of Dec '25, Realtor.com reports that the median days on market for a home in Blue Springs, AL is 103. This is a increase of 20.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 48.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$228,000	-16.0%
Listing Count	23	41.0%
Listings as % of Homes	0.4%	41.0%
Days on Market	120	44.0%

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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%

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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%

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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%

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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

Blue Springs, AL—35031

Key Metrics at a Glance

Home Price Trends — Blue Springs, AL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Blue Springs, AL

% of Rental Stock

Property Listings — Blue Springs, AL

Demographics — Blue Springs, AL

Race and Ethnicity

Mortgage and Risk — Blue Springs, AL

Mortgages

Rentals and Section 8 — Blue Springs, AL

Section 8 Market Size

Section 8 Opportunity

Affordability — Blue Springs, AL

Home Price to Income Ratio

Blue Springs, AL — ZIP Code Boundary Map

Nearby ZIP Codes

Holly Pond, AL

Blow Gourd, AL

Horton, AL

Oneonta, AL

Allgood

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.7
Median Home Price	$199,000
Median Household Income	$54,000

Blue Springs, AL—35031

Key Metrics at a Glance

Home Price Trends — Blue Springs, AL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Blue Springs, AL

% of Rental Stock

Property Listings — Blue Springs, AL

Demographics — Blue Springs, AL

Race and Ethnicity

Mortgage and Risk — Blue Springs, AL

Mortgages

Rentals and Section 8 — Blue Springs, AL

Section 8 Market Size

Section 8 Opportunity

Affordability — Blue Springs, AL

Home Price to Income Ratio

Blue Springs, AL — ZIP Code Boundary Map

Nearby ZIP Codes

Holly Pond, AL

Blow Gourd, AL

Horton, AL

Oneonta, AL

Allgood

Frequently Asked Questions

What is the average home price in Blue Springs, AL 35031?

How have home prices in Blue Springs, AL 35031 changed over the past year?

What is the home price projection for Blue Springs, AL 35031?

What are the demographics of Blue Springs, AL 35031?

How long does it take homes to sell in Blue Springs, AL 35031?

What is the average rent price in Blue Springs, AL 35031?