Sylvan Springs, AL—35118
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sylvan Springs, AL
As of Oct '25, the median home price in Sylvan Springs, AL is $132,000, with a year-over-year change of -4.6%. This indicates that home prices in Sylvan Springs, AL are decreasing. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $132,000 | -4.6% |
| Single Family | $132,000 | -3.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $51,000 | -7.3% |
3 Bed | $169,000 | -1.7% |
4 Bed | $234,000 | 0.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Sylvan Springs, AL
As of July '25, Rentcast reports the average rent in Sylvan Springs, AL is $1,080, with a year-over-year rent change of -3.6%. Per bedroom, the median rent as of July '25 in Sylvan Springs, AL is 2-bedrooms: $812, 4-bedrooms: $1,260. The most common rental property sizes in Sylvan Springs, AL are 3-bedroom and 2-bedroom, accounting for 55.6% and 40.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,050 | $1,080 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $800 | $812 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $1,350 | $1,260 |
% of Rental Stock
Property Listings — Sylvan Springs, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Sylvan Springs, AL is 55. This is a decrease of -28.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $204,000 | 16.0% |
Listing Count | 14 | 70.0% |
| Listings as % of Homes | 0.3% | 70.0% |
Days on Market | 55 | -28.0% |
Demographics — Sylvan Springs, AL
As of the latest ACS Survey released in 2023, Sylvan Springs, AL has a population of 3,130, which has increased by 3.0% over the past 5 years. Sylvan Springs, AL is a popular place for families, as children make up 26.1% of the population. The area has a poorly educated workforce, with 15.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,130 | 3.0% |
% Under 18 | 26.1% | 21.4% |
% Seniors | 17.9% | -9.1% |
% WFH | 6.1% | 1,933.3% |
% w/ College Degree | 15.0% | 45.6% |
As of the latest ACS Survey released in 2023, Sylvan Springs, AL is a predominantly white area, with 75.5% of the population identifying as white. The white population has shrunk by 10.0% in the last 5 years. The second most common race or ethnicity in Sylvan Springs, AL is black, making up 17.4% of the population. Foreign-born residents account for 0.5% of the population in Sylvan Springs, AL, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 75.5% | -10.0% |
% Black | 17.4% | 65.7% |
% Hispanic | 2.7% | 28.6% |
% Asian | 0.3% | 0.0% |
% Foreign Born | 0.5% | 0.0% |
Mortgage and Risk — Sylvan Springs, AL
According to HUD data as of 2023, there were 69 mortgage originations in Sylvan Springs, AL, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Sylvan Springs, AL. Investor activity is low, as 3.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 69 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Sylvan Springs, AL
Sylvan Springs, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.4% |
% 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 | $330 | $800 | $1,130 |
| 3 Bedroom | N/A | N/A | $1,420 |
| 4 Bedroom | $230 | $1,350 | $1,580 |
Affordability — Sylvan Springs, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $132,000 |
| Median Household Income | $63,300 |