Midfield, AL—35228
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Midfield, AL
As of Oct '25, the median home price in Midfield, AL is $79,000, with a year-over-year change of -8.0%. This indicates that home prices in Midfield, AL are decreasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $79,000 | -8.0% |
| Single Family | $79,000 | -8.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $57,000 | -9.5% |
3 Bed | $88,000 | -6.4% |
4 Bed | $125,000 | -9.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Midfield, AL
As of July '25, Rentcast reports the average rent in Midfield, AL is $1,120, with a year-over-year rent change of 3.7%. Per bedroom, the median rent as of July '25 in Midfield, AL is 1-bedrooms: $775, 2-bedrooms: $926, 3-bedrooms: $1,120, 4-bedrooms: $1,340. The most common rental property sizes in Midfield, AL are 3-bedroom and 2-bedroom, accounting for 51.8% and 31.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,120 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $775 | $775 |
| 2 Bed Rent | $790 | $926 |
| 3 Bed Rent | $1,100 | $1,120 |
| 4 Bed Rent | $1,350 | $1,340 |
% of Rental Stock
Property Listings — Midfield, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Midfield, AL is 57. This is a decrease of -5.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $79,900 | -14.0% |
Listing Count | 60 | 27.0% |
| Listings as % of Homes | 1.1% | 27.0% |
Days on Market | 57 | -5.0% |
Demographics — Midfield, AL
As of the latest ACS Survey released in 2023, Midfield, AL has a population of 10,600, which has increased by 2.2% over the past 5 years. Midfield, AL is a moderately popular place for families, as children make up 24.3% of the population. The area has a poorly educated workforce, with 21.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,600 | 2.2% |
% Under 18 | 24.3% | 22.1% |
% Seniors | 14.5% | 0.0% |
% WFH | 14.5% | 326.5% |
% w/ College Degree | 21.8% | 58.0% |
As of the latest ACS Survey released in 2023, Midfield, AL is a predominantly black area, with 88.6% of the population identifying as black. The black population has shrunk by 0.3% in the last 5 years. The second most common race or ethnicity in Midfield, AL is hispanic, making up 4.9% of the population. Foreign-born residents account for 2.2% of the population in Midfield, AL, and this percentage has decreased by 15.4% 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 | 4.5% | -31.8% |
% Black | 88.6% | -0.3% |
% Hispanic | 4.9% | 14.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 2.2% | -15.4% |
Mortgage and Risk — Midfield, AL
According to HUD data as of 2023, there were 34 mortgage originations in Midfield, AL, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Midfield, AL. Investor activity is high, as 32.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 34 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 32.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Midfield, AL
As of 2024, the percent of homes in Midfield, AL under the Section 8 program is 37.5%. 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 Midfield, 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 | 747 |
Total Units Section 8 | 559 |
% Rentals under Section 8 | 37.5% |
% Occupied Section 8 | 87.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $265 | $775 | $1,040 |
| 2 Bedroom | $360 | $790 | $1,150 |
| 3 Bedroom | $340 | $1,100 | $1,440 |
| 4 Bedroom | $280 | $1,350 | $1,630 |
Affordability — Midfield, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.7 |
| Median Home Price | $79,000 |
| Median Household Income | $50,100 |