Empire, AL—35063
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Empire, AL
Empire, AL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $99,000 | -4.6% |
| Single Family | $100,000 | -5.7% |
| 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 | $192,000 | 0.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Empire, AL
Empire, AL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio 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 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Empire, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Empire, AL is 52. This is a decrease of -8.0% 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.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $489,000 | 54.0% |
Listing Count | 4 | -37.0% |
| Listings as % of Homes | 0.2% | -37.0% |
Days on Market | 52 | -8.0% |
Demographics — Empire, AL
As of the latest ACS Survey released in 2023, Empire, AL has a population of 3,750, which has increased by 2.2% over the past 5 years. Empire, AL is a moderately popular place for families, as children make up 21.6% of the population. The area has a poorly educated workforce, with 7.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,750 | 2.2% |
% Under 18 | 21.6% | 1.9% |
% Seniors | 12.8% | -36.0% |
% WFH | 1.0% | -37.5% |
% w/ College Degree | 7.0% | 16.7% |
As of the latest ACS Survey released in 2023, Empire, AL is a predominantly white area, with 96.7% of the population identifying as white. The white population has grown by 1.6% in the last 5 years. The second most common race or ethnicity in Empire, AL is black, making up 0.9% of the population. Foreign-born residents account for 0.2% of the population in Empire, AL, and this percentage has increased by 100.0% 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 | 96.7% | 1.6% |
% Black | 0.9% | ∞% |
% Hispanic | 0.7% | ∞% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.2% | 100.0% |
Mortgage and Risk — Empire, AL
According to HUD data as of 2023, there were 25 mortgage originations in Empire, AL, of which 56.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 52.0% above 90% LTV (very high). This implies large mortgage risk in Empire, AL. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 25 |
% Conventional Loans | 56.0% |
% Government Loans | 44.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Empire, AL
Empire, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 9 |
Total Units Section 8 | 9 |
% Rentals under Section 8 | 5.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,000 |
| 2 Bedroom | N/A | N/A | $1,130 |
| 3 Bedroom | N/A | N/A | $1,420 |
| 4 Bedroom | N/A | N/A | $1,580 |
Affordability — Empire, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.5 |
| Median Home Price | $99,000 |
| Median Household Income | $68,000 |