Center Point, AL—35215
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Center Point, AL
As of Oct '25, the median home price in Center Point, AL is $148,000, with a year-over-year change of 0.1%. This indicates that home prices in Center Point, AL are flat. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $148,000 | 0.1% |
| Single Family | $149,000 | 0.7% |
| Condos | $65,000 | -8.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $112,000 | -1.8% |
3 Bed | $143,000 | 0.0% |
4 Bed | $186,000 | -0.5% |
| 5 Bed | $222,000 | 0.0% |
% of Housing Stock
Rental Trends — Center Point, AL
As of July '25, Rentcast reports the average rent in Center Point, AL is $1,260, with a year-over-year rent change of 0.8%. Per bedroom, the median rent as of July '25 in Center Point, AL is 1-bedrooms: $799, 2-bedrooms: $986, 3-bedrooms: $1,290, 4-bedrooms: $1,410. The most common rental property sizes in Center Point, AL are 3-bedroom and 2-bedroom, accounting for 39.4% and 34.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,260 | $1,260 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $750 | $799 |
| 2 Bed Rent | $899 | $986 |
| 3 Bed Rent | $1,260 | $1,290 |
| 4 Bed Rent | $1,400 | $1,410 |
% of Rental Stock
Property Listings — Center Point, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Center Point, AL is 52. This is a increase of 10.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $165,000 | 0.0% |
Listing Count | 228 | 2.0% |
| Listings as % of Homes | 0.8% | 2.0% |
Days on Market | 52 | 10.0% |
Demographics — Center Point, AL
As of the latest ACS Survey released in 2023, Center Point, AL has a population of 46,400, which has decreased by -4.4% over the past 5 years. Center Point, AL is a popular place for families, as children make up 30.3% of the population. The area has a poorly educated workforce, with 18.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 46,400 | -4.4% |
% Under 18 | 30.3% | -0.3% |
% Seniors | 10.9% | 1.9% |
% WFH | 6.6% | 633.3% |
% w/ College Degree | 18.5% | 5.1% |
As of the latest ACS Survey released in 2023, Center Point, AL is a predominantly black area, with 75.4% of the population identifying as black. The black population has grown by 4.7% in the last 5 years. The second most common race or ethnicity in Center Point, AL is white, making up 15.2% of the population. Foreign-born residents account for 3.9% of the population in Center Point, AL, and this percentage has increased by 44.4% 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 | 15.2% | -24.4% |
% Black | 75.4% | 4.7% |
% Hispanic | 6.9% | 30.2% |
% Asian | 0.2% | 100.0% |
% Foreign Born | 3.9% | 44.4% |
Mortgage and Risk — Center Point, AL
According to HUD data as of 2023, there were 627 mortgage originations in Center Point, AL, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Center Point, AL. Investor activity is low, as 6.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 627 |
% Conventional Loans | 62.0% |
% Government Loans | 38.0% |
% Investor Loans | 6.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Center Point, AL
As of 2024, the percent of homes in Center Point, AL under the Section 8 program is 32.3%. 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 Center Point, 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 | 2,458 |
Total Units Section 8 | 2,422 |
% Rentals under Section 8 | 32.3% |
% Occupied Section 8 | 86.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $310 | $750 | $1,060 |
| 2 Bedroom | $271 | $899 | $1,170 |
| 3 Bedroom | $200 | $1,260 | $1,460 |
| 4 Bedroom | $250 | $1,400 | $1,650 |
Affordability — Center Point, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $148,000 |
| Median Household Income | $51,900 |