Pell City, AL—35128
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pell City, AL
As of Oct '25, the median home price in Pell City, AL is $306,000, with a year-over-year change of 1.1%. This indicates that home prices in Pell City, AL are increasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $306,000 | 1.1% |
| Single Family | $306,000 | 1.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $243,000 | 0.8% |
3 Bed | $295,000 | 1.7% |
4 Bed | $406,000 | 1.8% |
| 5 Bed | $518,000 | 0.6% |
% of Housing Stock
Rental Trends — Pell City, AL
As of July '25, Rentcast reports the average rent in Pell City, AL is $1,630, with a year-over-year rent change of -2.4%. Per bedroom, the median rent as of July '25 in Pell City, AL is 2-bedrooms: $1,480, 3-bedrooms: $1,730, 4-bedrooms: $1,700. The most common rental property sizes in Pell City, AL are 2-bedroom and 3-bedroom, accounting for 49.2% and 37.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,570 | $1,630 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,450 | $1,480 |
| 3 Bed Rent | $1,680 | $1,730 |
| 4 Bed Rent | $1,500 | $1,700 |
% of Rental Stock
Property Listings — Pell City, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Pell City, AL is 89. This is a increase of 15.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $439,000 | 10.0% |
Listing Count | 89 | 16.0% |
| Listings as % of Homes | 1.4% | 16.0% |
Days on Market | 89 | 15.0% |
Demographics — Pell City, AL
As of the latest ACS Survey released in 2023, Pell City, AL has a population of 10,200, which has decreased by -4.0% over the past 5 years. Pell City, 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 20.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,200 | -4.0% |
% Under 18 | 18.5% | -13.6% |
% Seniors | 22.1% | 30.0% |
% WFH | 8.2% | 355.6% |
% w/ College Degree | 20.4% | -1.4% |
As of the latest ACS Survey released in 2023, Pell City, AL is a predominantly white area, with 84.1% of the population identifying as white. The white population has shrunk by 3.2% in the last 5 years. The second most common race or ethnicity in Pell City, AL is black, making up 11.1% of the population. Foreign-born residents account for 1.3% of the population in Pell City, AL, and this percentage has decreased by 56.7% 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 | 84.1% | -3.2% |
% Black | 11.1% | 32.1% |
% Hispanic | 0.7% | -41.7% |
% Asian | 0.3% | -89.3% |
% Foreign Born | 1.3% | -56.7% |
Mortgage and Risk — Pell City, AL
According to HUD data as of 2023, there were 337 mortgage originations in Pell City, AL, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Pell City, AL. Investor activity is low, as 4.0% 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 | 337 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Pell City, AL
Pell City, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 45 |
Total Units Section 8 | 37 |
% Rentals under Section 8 | 2.0% |
% Occupied Section 8 | 81.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,140 |
| 2 Bedroom | -$190 | $1,450 | $1,260 |
| 3 Bedroom | -$110 | $1,680 | $1,570 |
| 4 Bedroom | $280 | $1,500 | $1,780 |
Affordability — Pell City, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $306,000 |
| Median Household Income | $82,000 |