Ragland, AL—35131
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ragland, AL
As of Oct '25, the median home price in Ragland, AL is $152,000, with a year-over-year change of -3.5%. This indicates that home prices in Ragland, AL are decreasing. 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 | $152,000 | -3.5% |
| Single Family | $153,000 | -3.2% |
| 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 | $187,000 | -2.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Ragland, AL
As of July '25, Rentcast reports the average rent in Ragland, AL is $2,650, with a year-over-year rent change of 47.2%. Per bedroom, the median rent as of July '25 in Ragland, AL is 3-bedrooms: $2,650. The most common rental property sizes in Ragland, AL are 3-bedroom and 1-bedroom, accounting for 42.4% and 35.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,650 | $2,650 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,650 | $2,650 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Ragland, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Ragland, AL is 129. This is a increase of 80.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $433,000 | 153.0% |
Listing Count | 8 | 4.0% |
| Listings as % of Homes | 0.4% | 4.0% |
Days on Market | 129 | 80.0% |
Demographics — Ragland, AL
As of the latest ACS Survey released in 2023, Ragland, AL has a population of 3,160, which has decreased by -27.0% over the past 5 years. Ragland, AL is a moderately popular place for families, as children make up 19.6% of the population. The area has a poorly educated workforce, with 10.9% 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 | 3,160 | -27.0% |
% Under 18 | 19.6% | -20.3% |
% Seniors | 21.5% | 43.3% |
% WFH | 8.2% | ∞% |
% w/ College Degree | 10.9% | 1.9% |
As of the latest ACS Survey released in 2023, Ragland, AL is a predominantly white area, with 87.0% of the population identifying as white. The white population has shrunk by 5.7% in the last 5 years. The second most common race or ethnicity in Ragland, AL is black, making up 6.3% of the population. Foreign-born residents account for 0.8% of the population in Ragland, AL, and this percentage has decreased by 33.3% 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 | 87.0% | -5.7% |
% Black | 6.3% | 5.0% |
% Hispanic | 3.7% | 1,750.0% |
% Asian | 0.4% | 300.0% |
% Foreign Born | 0.8% | -33.3% |
Mortgage and Risk — Ragland, AL
According to HUD data as of 2023, there were 47 mortgage originations in Ragland, AL, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Ragland, AL. Investor activity is low, as 4.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 47 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 19.0% |
Loan Activity
Rentals and Section 8 — Ragland, AL
Ragland, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 61 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.0% |
% 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 | -$1,230 | $2,650 | $1,420 |
| 4 Bedroom | N/A | N/A | $1,580 |
Affordability — Ragland, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $152,000 |
| Median Household Income | $42,300 |