Pleasant Grove, AL 35127 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Pleasant Grove, AL—35127

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$222,000

3.0% YoY Growth

Household Income

$68,300

1.7% YoY Growth

Days on Market

31.0% Longer YoY

Home Price Forecast

0.1%

Median Rent

$1,350

1.5% YoY Growth

1-Bed Rent

$685

14.2% YoY Growth

2-Bed Rent

N/A

3-Bed Rent

$1,400

4.5% YoY Growth

Home Price Trends — Pleasant Grove, AL

As of Dec '25, the median home price in Pleasant Grove, AL is $222,000, with a year-over-year change of -3.0%. This indicates that home prices in Pleasant Grove, AL are decreasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$222,000	-3.0%
Single Family	$222,000	-3.1%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Pleasant Grove, AL

As of July '25, Rentcast reports the average rent in Pleasant Grove, AL is $1,380, with a year-over-year rent change of 1.5%. Per bedroom, the median rent as of July '25 in Pleasant Grove, AL is 1-bedrooms: $685, 3-bedrooms: $1,400, 4-bedrooms: $1,600. The most common rental property sizes in Pleasant Grove, AL are 3-bedroom and 2-bedroom, accounting for 46.4% and 41.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,350	$1,380
Studio Rent	N/A	N/A
1 Bed Rent	$685	$685
2 Bed Rent	N/A	N/A
3 Bed Rent	$1,400	$1,400
4 Bed Rent	$1,350	$1,600

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% of Rental Stock

1 Bedroom

2.4%

2 Bedrooms

41.0%

3 Bedrooms

46.4%

4 Bedrooms

4.9%

5+ Bedrooms

5.4%

Property Listings — Pleasant Grove, AL

As of Dec '25, Realtor.com reports that the median days on market for a home in Pleasant Grove, AL is 69. This is a increase of 18.0% 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 9.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$215,000	-9.0%
Listing Count	47	-6.0%
Listings as % of Homes	1.2%	-6.0%
Days on Market	72	31.0%

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Demographics — Pleasant Grove, AL

As of the latest ACS Survey released in 2023, Pleasant Grove, AL has a population of 9,500, which has decreased by -6.7% over the past 5 years. Pleasant Grove, AL is a moderately popular place for families, as children make up 18.5% of the population. The area has a poorly educated workforce, with 24.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	9,500	-6.7%
% Under 18	18.5%	-11.1%
% Seniors	18.5%	12.8%
% WFH	5.3%	178.9%
% w/ College Degree	24.3%	6.1%

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As of the latest ACS Survey released in 2023, Pleasant Grove, AL is a predominantly black area, with 67.9% of the population identifying as black. The black population has grown by 13.7% in the last 5 years. The second most common race or ethnicity in Pleasant Grove, AL is white, making up 29.3% of the population. Foreign-born residents account for 0.8% of the population in Pleasant Grove, AL, and this percentage has increased by 700.0% 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	29.3%	-24.3%
% Black	67.9%	13.7%
% Hispanic	1.2%	140.0%
% Asian	0.1%	0.0%
% Foreign Born	0.8%	700.0%

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Mortgage and Risk — Pleasant Grove, AL

According to HUD data as of 2023, there were 207 mortgage originations in Pleasant Grove, AL, of which 54.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 49.0% above 90% LTV (very high). This implies large mortgage risk in Pleasant Grove, AL. Investor activity is low, as 0.0% of loans were by investors. 22.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	207
% Conventional Loans	54.0%
% Government Loans	46.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	22.0%

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Rentals and Section 8 — Pleasant Grove, AL

Pleasant Grove, AL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	37
Total Units Section 8	37
% Rentals under Section 8	5.1%
% Occupied Section 8	87.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$655	$685	$1,340
2 Bedroom	N/A	N/A	$1,480
3 Bedroom	$450	$1,400	$1,850
4 Bedroom	$740	$1,350	$2,090

Pleasant Grove, AL—35127

Key Metrics at a Glance

Home Price Trends — Pleasant Grove, AL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Pleasant Grove, AL

% of Rental Stock

Property Listings — Pleasant Grove, AL

Demographics — Pleasant Grove, AL

Race and Ethnicity

Mortgage and Risk — Pleasant Grove, AL

Mortgages

Rentals and Section 8 — Pleasant Grove, AL

Section 8 Market Size

Section 8 Opportunity

Affordability — Pleasant Grove, AL

Home Price to Income Ratio

Pleasant Grove, AL — ZIP Code Boundary Map

Nearby ZIP Codes

Helena, Birmingham, AL

McDonald Chapel, AL

Fairfield, AL

Midfield, AL

Docena

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.3
Median Home Price	$222,000
Median Household Income	$68,300

Pleasant Grove, AL—35127

Key Metrics at a Glance

Home Price Trends — Pleasant Grove, AL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Pleasant Grove, AL

% of Rental Stock

Property Listings — Pleasant Grove, AL

Demographics — Pleasant Grove, AL

Race and Ethnicity

Mortgage and Risk — Pleasant Grove, AL

Mortgages

Rentals and Section 8 — Pleasant Grove, AL

Section 8 Market Size

Section 8 Opportunity

Affordability — Pleasant Grove, AL

Home Price to Income Ratio

Pleasant Grove, AL — ZIP Code Boundary Map

Nearby ZIP Codes

Helena, Birmingham, AL

McDonald Chapel, AL

Fairfield, AL

Midfield, AL

Docena

Frequently Asked Questions

What is the average home price in Pleasant Grove, AL 35127?

How have home prices in Pleasant Grove, AL 35127 changed over the past year?

What is the home price projection for Pleasant Grove, AL 35127?

What are the demographics of Pleasant Grove, AL 35127?

How long does it take homes to sell in Pleasant Grove, AL 35127?

What is the average rent price in Pleasant Grove, AL 35127?