Springville, AL—35146
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Springville, AL
As of Oct '25, the median home price in Springville, AL is $321,000, with a year-over-year change of 1.0%. This indicates that home prices in Springville, AL are flat. 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 | $321,000 | 1.0% |
| Single Family | $321,000 | 0.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $230,000 | 0.9% |
3 Bed | $304,000 | 1.0% |
4 Bed | $361,000 | 1.4% |
| 5 Bed | $430,000 | 2.1% |
% of Housing Stock
Rental Trends — Springville, AL
As of July '25, Rentcast reports the average rent in Springville, AL is $1,830, with a year-over-year rent change of 11.6%. Per bedroom, the median rent as of July '25 in Springville, AL is 2-bedrooms: $1,570, 3-bedrooms: $1,670, 4-bedrooms: $1,960. The most common rental property sizes in Springville, AL are 3-bedroom and 2-bedroom, accounting for 42.7% and 31.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,760 | $1,830 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,500 | $1,570 |
| 3 Bed Rent | $1,600 | $1,670 |
| 4 Bed Rent | $1,890 | $1,960 |
% of Rental Stock
Property Listings — Springville, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Springville, AL is 58. This is a decrease of -11.0% 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 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $358,000 | 0.0% |
Listing Count | 81 | -13.0% |
| Listings as % of Homes | 2.0% | -13.0% |
Days on Market | 58 | -11.0% |
Demographics — Springville, AL
As of the latest ACS Survey released in 2023, Springville, AL has a population of 13,300, which has increased by 11.9% over the past 5 years. Springville, AL is a moderately popular place for families, as children make up 20.7% of the population. The area has a poorly educated workforce, with 24.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,300 | 11.9% |
% Under 18 | 20.7% | -7.6% |
% Seniors | 18.8% | 12.6% |
% WFH | 10.2% | 148.8% |
% w/ College Degree | 24.6% | 5.6% |
As of the latest ACS Survey released in 2023, Springville, AL is a predominantly white area, with 82.0% 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 Springville, AL is black, making up 10.8% of the population. Foreign-born residents account for 2.6% of the population in Springville, AL, and this percentage has increased by 85.7% 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 | 82.0% | -5.7% |
% Black | 10.8% | 44.0% |
% Hispanic | 2.2% | -21.4% |
% Asian | 0.3% | ∞% |
% Foreign Born | 2.6% | 85.7% |
Mortgage and Risk — Springville, AL
According to HUD data as of 2023, there were 274 mortgage originations in Springville, AL, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Springville, AL. Investor activity is low, as 3.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 274 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Springville, AL
Springville, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% 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 | -$370 | $1,500 | $1,130 |
| 3 Bedroom | -$180 | $1,600 | $1,420 |
| 4 Bedroom | -$310 | $1,890 | $1,580 |
Affordability — Springville, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $321,000 |
| Median Household Income | $83,400 |