Leeds, AL 35094 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Leeds, AL—35094

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$247,000

0.6% YoY Growth

Household Income

$74,300

26.0% YoY Growth

Days on Market

2.0% Longer YoY

Home Price Forecast

0.3%

Median Rent

$1,800

15.9% YoY Growth

1-Bed Rent

$800

2.9% YoY Growth

2-Bed Rent

$900

2.0% YoY Growth

3-Bed Rent

$1,700

19.5% YoY Growth

Home Price Trends — Leeds, AL

As of Dec '25, the median home price in Leeds, AL is $247,000, with a year-over-year change of -0.6%. This indicates that home prices in Leeds, AL are flat. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$247,000	-0.6%
Single Family	$247,000	-0.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Leeds, AL

As of July '25, Rentcast reports the average rent in Leeds, AL is $1,820, with a year-over-year rent change of 15.9%. Per bedroom, the median rent as of July '25 in Leeds, AL is 1-bedrooms: $825, 2-bedrooms: $1,030, 3-bedrooms: $1,840, 4-bedrooms: $2,320. The most common rental property sizes in Leeds, AL are 2-bedroom and 3-bedroom, accounting for 44.5% and 39.3% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,800	$1,820
Studio Rent	N/A	N/A
1 Bed Rent	$800	$825
2 Bed Rent	$900	$1,030
3 Bed Rent	$1,700	$1,840
4 Bed Rent	$2,550	$2,320

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% of Rental Stock

1 Bedroom

9.0%

2 Bedrooms

44.5%

3 Bedrooms

39.3%

4 Bedrooms

6.6%

5+ Bedrooms

0.7%

Property Listings — Leeds, AL

As of Dec '25, Realtor.com reports that the median days on market for a home in Leeds, AL is 51. This is a decrease of -10.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$310,000	3.0%
Listing Count	93	-2.0%
Listings as % of Homes	0.7%	-2.0%
Days on Market	74	2.0%

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Demographics — Leeds, AL

As of the latest ACS Survey released in 2023, Leeds, AL has a population of 15,300, which has increased by 6.2% over the past 5 years. Leeds, AL is a popular place for families, as children make up 26.0% of the population. The area has a moderately educated workforce, with 29.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	15,300	6.2%
% Under 18	26.0%	6.1%
% Seniors	16.8%	-2.9%
% WFH	9.1%	250.0%
% w/ College Degree	29.2%	10.6%

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As of the latest ACS Survey released in 2023, Leeds, AL is a predominantly white area, with 76.5% of the population identifying as white. The white population has shrunk by 2.4% in the last 5 years. The second most common race or ethnicity in Leeds, AL is black, making up 11.5% of the population. Foreign-born residents account for 3.4% of the population in Leeds, AL, and this percentage has decreased by 30.6% 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	76.5%	-2.4%
% Black	11.5%	-20.1%
% Hispanic	8.8%	66.0%
% Asian	0.4%	100.0%
% Foreign Born	3.4%	-30.6%

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Mortgage and Risk — Leeds, AL

According to HUD data as of 2023, there were 241 mortgage originations in Leeds, AL, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Leeds, AL. Investor activity is low, as 5.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	241
% Conventional Loans	78.0%
% Government Loans	22.0%
% Investor Loans	5.0%
% Second Loans	0.0%
% Cash Out Refinance	7.0%

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Rentals and Section 8 — Leeds, AL

As of 2024, the percent of homes in Leeds, AL under the Section 8 program is 17.9%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Leeds, AL, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	203
Total Units Section 8	203
% Rentals under Section 8	17.9%
% Occupied Section 8	81.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$230	$800	$1,030
2 Bedroom	$240	$900	$1,140
3 Bedroom	-$280	$1,700	$1,420
4 Bedroom	-$940	$2,550	$1,610

Leeds, AL—35094

Key Metrics at a Glance

Home Price Trends — Leeds, AL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Leeds, AL

% of Rental Stock

Property Listings — Leeds, AL

Demographics — Leeds, AL

Race and Ethnicity

Mortgage and Risk — Leeds, AL

Mortgages

Rentals and Section 8 — Leeds, AL

Section 8 Market Size

Section 8 Opportunity

Affordability — Leeds, AL

Home Price to Income Ratio

Leeds, AL — ZIP Code Boundary Map

Nearby ZIP Codes

Vandiver, AL

Irondale, AL

Moody, AL

Sterrett, AL

Oak Mountain, Birmingham, AL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.2
Median Home Price	$247,000
Median Household Income	$74,300

Leeds, AL—35094

Key Metrics at a Glance

Home Price Trends — Leeds, AL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Leeds, AL

% of Rental Stock

Property Listings — Leeds, AL

Demographics — Leeds, AL

Race and Ethnicity

Mortgage and Risk — Leeds, AL

Mortgages

Rentals and Section 8 — Leeds, AL

Section 8 Market Size

Section 8 Opportunity

Affordability — Leeds, AL

Home Price to Income Ratio

Leeds, AL — ZIP Code Boundary Map

Nearby ZIP Codes

Vandiver, AL

Irondale, AL

Moody, AL

Sterrett, AL

Oak Mountain, Birmingham, AL

Frequently Asked Questions

What is the average home price in Leeds, AL 35094?

How have home prices in Leeds, AL 35094 changed over the past year?

What is the home price projection for Leeds, AL 35094?

What are the demographics of Leeds, AL 35094?

How long does it take homes to sell in Leeds, AL 35094?

What is the average rent price in Leeds, AL 35094?