Sumiton, AL35148

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$129,000
1.5% YoY Growth
Median Household Income
$56,100
44.5% 5-Year Growth
Days on Market
44
54.0% Longer than last year
Home Price Forecast
N/A
Median Rent
$975
18.8% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$975
N/A
3-Bed Rent
N/A
N/A

Property Listings — Sumiton, AL

As of Oct '25, Realtor.com reports that the median days on market for a home in Sumiton, AL is 44. This is a increase of 54.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$252,00029.0%
Listing Count
1240.0%
Listings as % of Homes0.7%40.0%
Days on Market
4454.0%
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Demographics — Sumiton, AL

As of the latest ACS Survey released in 2023, Sumiton, AL has a population of 2,270, which has decreased by -7.1% over the past 5 years. Sumiton, AL is a less popular place for families, as children make up 12.0% of the population. The area has a poorly educated workforce, with 10.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
2,270-7.1%
% Under 18
12.0%-46.4%
% Seniors
20.5%-6.4%
% WFH
2.5%∞%
% w/ College Degree
10.4%62.5%
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Sumiton, AL lacks sufficient race and ethnicity data for analysis.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
97.2%12.0%
% Black
2.6%-77.2%
% Hispanic
0.0%-100.0%
% Asian
0.0%N/A
% Foreign Born
0.0%N/A
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Mortgage and Risk — Sumiton, AL

According to HUD data as of 2023, there were 33 mortgage originations in Sumiton, AL, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Sumiton, AL. Investor activity is low, as 3.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
33
% Conventional Loans
73.0%
% Government Loans
27.0%
% Investor Loans
3.0%
% Second Loans
0.0%
% Cash Out Refinance
12.0%

Loan Activity

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Rentals and Section 8 — Sumiton, AL

Sumiton, AL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
83
Total Units Section 8
42
% Rentals under Section 8
15.2%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,000
2 Bedroom$155$975$1,130
3 BedroomN/AN/A$1,420
4 BedroomN/AN/A$1,580

Affordability — Sumiton, AL

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.3
Median Home Price$129,000
Median Household Income$56,100

Sumiton, AL — ZIP Code Boundary Map

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Frequently Asked Questions