Cullman, AL—35057
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cullman, AL
As of Oct '25, the median home price in Cullman, AL is $273,000, with a year-over-year change of 4.9%. This indicates that home prices in Cullman, AL are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $273,000 | 4.9% |
| Single Family | $273,000 | 5.4% |
| 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 | $271,000 | 3.4% |
4 Bed | $432,000 | 4.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cullman, AL
As of July '25, Rentcast reports the average rent in Cullman, AL is $1,450, with a year-over-year rent change of 1.4%. Per bedroom, the median rent as of July '25 in Cullman, AL is 1-bedrooms: $1,450, 3-bedrooms: $1,450. The most common rental property sizes in Cullman, AL are 3-bedroom and 2-bedroom, accounting for 43.1% and 35.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,450 | $1,450 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,450 | $1,450 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,400 | $1,450 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Cullman, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Cullman, AL is 94. This is a increase of 12.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $486,000 | 19.0% |
Listing Count | 72 | 32.0% |
| Listings as % of Homes | 0.9% | 32.0% |
Days on Market | 94 | 12.0% |
Demographics — Cullman, AL
As of the latest ACS Survey released in 2023, Cullman, AL has a population of 15,500, which has increased by 14.6% over the past 5 years. Cullman, AL is a moderately popular place for families, as children make up 23.8% of the population. The area has a poorly educated workforce, with 17.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,500 | 14.6% |
% Under 18 | 23.8% | -4.0% |
% Seniors | 17.3% | 5.5% |
% WFH | 2.8% | 0.0% |
% w/ College Degree | 17.1% | 22.1% |
As of the latest ACS Survey released in 2023, Cullman, AL is a predominantly white area, with 94.3% of the population identifying as white. The white population has shrunk by 2.0% in the last 5 years. The second most common race or ethnicity in Cullman, AL is hispanic, making up 2.9% of the population. Foreign-born residents account for 0.9% of the population in Cullman, AL, and this percentage has decreased by 47.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 94.3% | -2.0% |
% Black | 0.0% | -100.0% |
% Hispanic | 2.9% | 190.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.9% | -47.1% |
Mortgage and Risk — Cullman, AL
According to HUD data as of 2023, there were 364 mortgage originations in Cullman, AL, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Cullman, AL. Investor activity is low, as 6.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 364 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 6.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Cullman, AL
Cullman, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 31 |
Total Units Section 8 | 0 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$750 | $1,450 | $700 |
| 2 Bedroom | N/A | N/A | $910 |
| 3 Bedroom | -$220 | $1,400 | $1,180 |
| 4 Bedroom | N/A | N/A | $1,350 |
Affordability — Cullman, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $273,000 |
| Median Household Income | $77,100 |