Jasper, AL—35501
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Jasper, AL
Jasper, AL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $118,000 | -0.7% |
| Single Family | $118,000 | -0.8% |
| 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 | $187,000 | 1.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Jasper, AL
As of July '25, Rentcast reports the average rent in Jasper, AL is $1,200, with a year-over-year rent change of -2.4%. Per bedroom, the median rent as of July '25 in Jasper, AL is 1-bedrooms: $683, 2-bedrooms: $801, 3-bedrooms: $1,320, 4-bedrooms: $1,680. The most common rental property sizes in Jasper, AL are 2-bedroom and 3-bedroom, accounting for 48.4% and 25.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,200 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $700 | $683 |
| 2 Bed Rent | $800 | $801 |
| 3 Bed Rent | $1,100 | $1,320 |
| 4 Bed Rent | $1,700 | $1,680 |
% of Rental Stock
Property Listings — Jasper, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Jasper, AL is 73. This is a decrease of -18.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $230,000 | 20.0% |
Listing Count | 46 | 10.0% |
| Listings as % of Homes | 0.7% | 10.0% |
Days on Market | 73 | -18.0% |
Demographics — Jasper, AL
As of the latest ACS Survey released in 2023, Jasper, AL has a population of 10,000, which has increased by 4.0% over the past 5 years. Jasper, AL is a popular place for families, as children make up 26.3% of the population. The area has a poorly educated workforce, with 18.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,000 | 4.0% |
% Under 18 | 26.3% | 11.0% |
% Seniors | 14.5% | -9.4% |
% WFH | 2.2% | -57.7% |
% w/ College Degree | 18.0% | 57.9% |
As of the latest ACS Survey released in 2023, Jasper, AL is a predominantly white area, with 73.3% of the population identifying as white. The white population has shrunk by 1.5% in the last 5 years. The second most common race or ethnicity in Jasper, AL is black, making up 14.1% of the population. Foreign-born residents account for 5.0% of the population in Jasper, AL, and this percentage has increased by 66.7% 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 | 73.3% | -1.5% |
% Black | 14.1% | -12.4% |
% Hispanic | 8.3% | 15.3% |
% Asian | 0.5% | 150.0% |
% Foreign Born | 5.0% | 66.7% |
Mortgage and Risk — Jasper, AL
According to HUD data as of 2023, there were 94 mortgage originations in Jasper, AL, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 47.0% above 90% LTV (very high). This implies large mortgage risk in Jasper, AL. Investor activity is low, as 9.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 94 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 9.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Jasper, AL
Jasper, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 513 |
Total Units Section 8 | 193 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$70 | $700 | $630 |
| 2 Bedroom | -$10 | $800 | $790 |
| 3 Bedroom | $10 | $1,100 | $1,110 |
| 4 Bedroom | -$450 | $1,700 | $1,250 |
Affordability — Jasper, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $118,000 |
| Median Household Income | $44,900 |