Forestdale, AL 35214 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Forestdale, AL—35214

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$138,000

3.1% YoY Growth

Household Income

$55,500

17.1% YoY Growth

Days on Market

12.0% Longer YoY

Home Price Forecast

0.2%

Median Rent

$1,140

0.0% YoY Growth

1-Bed Rent

$600

15.5% YoY Growth

2-Bed Rent

$800

1.4% YoY Growth

3-Bed Rent

$1,140

0.8% YoY Growth

Home Price Trends — Forestdale, AL

As of Dec '25, the median home price in Forestdale, AL is $138,000, with a year-over-year change of -3.1%. This indicates that home prices in Forestdale, AL are decreasing. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$138,000	-3.1%
Single Family	$138,000	-2.8%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Forestdale, AL

As of July '25, Rentcast reports the average rent in Forestdale, AL is $1,190, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Forestdale, AL is 1-bedrooms: $632, 2-bedrooms: $842, 3-bedrooms: $1,210, 4-bedrooms: $1,480. The most common rental property sizes in Forestdale, AL are 2-bedroom and 3-bedroom, accounting for 42.9% and 30.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,140	$1,190
Studio Rent	N/A	N/A
1 Bed Rent	$600	$632
2 Bed Rent	$800	$842
3 Bed Rent	$1,140	$1,210
4 Bed Rent	$1,400	$1,480

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% of Rental Stock

Studio

2.0%

1 Bedroom

12.4%

2 Bedrooms

42.9%

3 Bedrooms

30.0%

4 Bedrooms

12.5%

5+ Bedrooms

0.2%

Property Listings — Forestdale, AL

As of Dec '25, Realtor.com reports that the median days on market for a home in Forestdale, AL is 74. This is a increase of 25.0% 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.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$127,000	1.0%
Listing Count	88	-2.0%
Listings as % of Homes	1.0%	-2.0%
Days on Market	65	12.0%

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Demographics — Forestdale, AL

As of the latest ACS Survey released in 2023, Forestdale, AL has a population of 16,500, which has decreased by -9.7% over the past 5 years. Forestdale, AL is a moderately popular place for families, as children make up 17.2% of the population. The area has a moderately educated workforce, with 26.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	16,500	-9.7%
% Under 18	17.2%	-17.7%
% Seniors	25.0%	40.4%
% WFH	5.4%	217.6%
% w/ College Degree	26.5%	8.2%

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As of the latest ACS Survey released in 2023, Forestdale, AL is a predominantly black area, with 77.0% of the population identifying as black. The black population has shrunk by 2.9% in the last 5 years. The second most common race or ethnicity in Forestdale, AL is white, making up 18.5% of the population. Foreign-born residents account for 1.0% of the population in Forestdale, AL, and this percentage has decreased by 37.5% 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	18.5%	6.9%
% Black	77.0%	-2.9%
% Hispanic	0.8%	-55.6%
% Asian	0.4%	-33.3%
% Foreign Born	1.0%	-37.5%

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Mortgage and Risk — Forestdale, AL

According to HUD data as of 2023, there were 266 mortgage originations in Forestdale, AL, of which 55.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 52.0% above 90% LTV (very high). This implies large mortgage risk in Forestdale, AL. Investor activity is low, as 5.0% 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	266
% Conventional Loans	55.0%
% Government Loans	45.0%
% Investor Loans	5.0%
% Second Loans	1.0%
% Cash Out Refinance	12.0%

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Rentals and Section 8 — Forestdale, AL

As of 2024, the percent of homes in Forestdale, AL under the Section 8 program is 24.0%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Forestdale, AL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD	549
Total Units Section 8	548
% Rentals under Section 8	24.0%
% Occupied Section 8	88.5%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$400	$600	$1,000
2 Bedroom	$330	$800	$1,130
3 Bedroom	$280	$1,140	$1,420
4 Bedroom	$180	$1,400	$1,580

Forestdale, AL—35214

Key Metrics at a Glance

Home Price Trends — Forestdale, AL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Forestdale, AL

% of Rental Stock

Property Listings — Forestdale, AL

Demographics — Forestdale, AL

Race and Ethnicity

Mortgage and Risk — Forestdale, AL

Mortgages

Rentals and Section 8 — Forestdale, AL

Section 8 Market Size

Section 8 Opportunity

Affordability — Forestdale, AL

Home Price to Income Ratio

Forestdale, AL — ZIP Code Boundary Map

Nearby ZIP Codes

Docena

Irondale, Birmingham, AL

Avondale, Birmingham, AL

Fultondale, AL

McDonald Chapel, AL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.6
Median Home Price	$138,000
Median Household Income	$55,500

Forestdale, AL—35214

Key Metrics at a Glance

Home Price Trends — Forestdale, AL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Forestdale, AL

% of Rental Stock

Property Listings — Forestdale, AL

Demographics — Forestdale, AL

Race and Ethnicity

Mortgage and Risk — Forestdale, AL

Mortgages

Rentals and Section 8 — Forestdale, AL

Section 8 Market Size

Section 8 Opportunity

Affordability — Forestdale, AL

Home Price to Income Ratio

Forestdale, AL — ZIP Code Boundary Map

Nearby ZIP Codes

Docena

Irondale, Birmingham, AL

Avondale, Birmingham, AL

Fultondale, AL

McDonald Chapel, AL

Frequently Asked Questions

What is the average home price in Forestdale, AL 35214?

How have home prices in Forestdale, AL 35214 changed over the past year?

What is the home price projection for Forestdale, AL 35214?

What are the demographics of Forestdale, AL 35214?

How long does it take homes to sell in Forestdale, AL 35214?

What is the average rent price in Forestdale, AL 35214?