Tarrant, AL—35217
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Tarrant, AL
As of Oct '25, the median home price in Tarrant, AL is $81,000, with a year-over-year change of -4.1%. This indicates that home prices in Tarrant, 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 | $81,000 | -4.1% |
| Single Family | $81,000 | -2.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $51,000 | -3.8% |
3 Bed | $82,000 | -3.5% |
4 Bed | $145,000 | 0.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Tarrant, AL
As of July '25, Rentcast reports the average rent in Tarrant, AL is $1,050, with a year-over-year rent change of -5.4%. Per bedroom, the median rent as of July '25 in Tarrant, AL is 1-bedrooms: $817, 2-bedrooms: $856, 3-bedrooms: $1,120, 4-bedrooms: $1,350. The most common rental property sizes in Tarrant, AL are 2-bedroom and 3-bedroom, accounting for 37.3% and 32.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,050 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $880 | $817 |
| 2 Bed Rent | $850 | $856 |
| 3 Bed Rent | $1,100 | $1,120 |
| 4 Bed Rent | $1,300 | $1,350 |
% of Rental Stock
Property Listings — Tarrant, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Tarrant, AL is 65. This is a increase of 7.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $101,000 | 5.0% |
Listing Count | 59 | 4.0% |
| Listings as % of Homes | 0.8% | 4.0% |
Days on Market | 65 | 7.0% |
Demographics — Tarrant, AL
As of the latest ACS Survey released in 2023, Tarrant, AL has a population of 12,500, which has decreased by -6.2% over the past 5 years. Tarrant, AL is a moderately popular place for families, as children make up 20.3% of the population. The area has a poorly educated workforce, with 10.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,500 | -6.2% |
% Under 18 | 20.3% | -2.4% |
% Seniors | 19.0% | 15.9% |
% WFH | 3.6% | 33.3% |
% w/ College Degree | 10.6% | -13.8% |
As of the latest ACS Survey released in 2023, Tarrant, AL is a predominantly black area, with 56.9% of the population identifying as black. The black population has shrunk by 10.4% in the last 5 years. The second most common race or ethnicity in Tarrant, AL is white, making up 27.4% of the population. Foreign-born residents account for 7.4% of the population in Tarrant, AL, and this percentage has increased by 105.6% 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 | 27.4% | -0.7% |
% Black | 56.9% | -10.4% |
% Hispanic | 14.2% | 163.0% |
% Asian | 0.3% | -25.0% |
% Foreign Born | 7.4% | 105.6% |
Mortgage and Risk — Tarrant, AL
According to HUD data as of 2023, there were 86 mortgage originations in Tarrant, AL, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Tarrant, AL. Investor activity is high, as 16.0% 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 | 86 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 16.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Tarrant, AL
As of 2024, the percent of homes in Tarrant, AL under the Section 8 program is 28.4%. 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 Tarrant, 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 | 906 |
Total Units Section 8 | 774 |
% Rentals under Section 8 | 28.4% |
% Occupied Section 8 | 88.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $120 | $880 | $1,000 |
| 2 Bedroom | $280 | $850 | $1,130 |
| 3 Bedroom | $320 | $1,100 | $1,420 |
| 4 Bedroom | $280 | $1,300 | $1,580 |
Affordability — Tarrant, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $81,000 |
| Median Household Income | $38,800 |