Reform, AL—35481
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Reform, AL
As of Oct '25, the median home price in Reform, AL is $125,000, with a year-over-year change of 3.8%. This indicates that home prices in Reform, AL are increasing. According to Zillow, the 1-year price projection is -0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $125,000 | 3.8% |
| Single Family | $125,000 | 3.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Reform, AL
Reform, AL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Reform, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Reform, AL is 91. This is a increase of 4.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $125,000 | -20.0% |
Listing Count | 15 | 48.0% |
| Listings as % of Homes | 0.7% | 48.0% |
Days on Market | 91 | 4.0% |
Demographics — Reform, AL
As of the latest ACS Survey released in 2023, Reform, AL has a population of 2,910, which has decreased by -20.7% over the past 5 years. Reform, AL is a moderately popular place for families, as children make up 19.2% of the population. The area has a poorly educated workforce, with 9.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,910 | -20.7% |
% Under 18 | 19.2% | -2.0% |
% Seniors | 19.4% | -21.5% |
% WFH | 6.0% | -36.2% |
% w/ College Degree | 9.4% | 22.1% |
As of the latest ACS Survey released in 2023, Reform, AL is a predominantly white area, with 48.2% of the population identifying as white. The white population has shrunk by 16.6% in the last 5 years. The second most common race or ethnicity in Reform, AL is black, making up 45.9% of the population. Foreign-born residents account for 0.3% of the population in Reform, AL, and this percentage has decreased by 90.6% 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 | 48.2% | -16.6% |
% Black | 45.9% | 18.6% |
% Hispanic | 0.9% | -86.8% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.3% | -90.6% |
Mortgage and Risk — Reform, AL
According to HUD data as of 2023, there were 34 mortgage originations in Reform, AL, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 84.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Reform, AL. Investor activity is low, as 0.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 34 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 0.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Reform, AL
Reform, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 66 |
Total Units Section 8 | 6 |
% Rentals under Section 8 | 2.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $630 |
| 2 Bedroom | N/A | N/A | $780 |
| 3 Bedroom | N/A | N/A | $1,070 |
| 4 Bedroom | N/A | N/A | $1,310 |
Affordability — Reform, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $125,000 |
| Median Household Income | $41,300 |