Jasper, AL—35503
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 | $147,000 | -1.7% |
| Single Family | $145,000 | -2.7% |
| 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 | $228,000 | 0.0% |
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 $1,460, with a year-over-year rent change of 5.8%. Per bedroom, the median rent as of July '25 in Jasper, AL is 2-bedrooms: $1,100, 3-bedrooms: $1,080, 4-bedrooms: $1,840. The most common rental property sizes in Jasper, AL are 2-bedroom and 3-bedroom, accounting for 47.1% and 30.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,460 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,100 | $1,100 |
| 3 Bed Rent | $1,080 | $1,080 |
| 4 Bed Rent | $1,840 | $1,840 |
% 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 84. This is a increase of 17.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $376,000 | 13.0% |
Listing Count | 49 | 26.0% |
| Listings as % of Homes | 0.4% | 26.0% |
Days on Market | 84 | 17.0% |
Demographics — Jasper, AL
As of the latest ACS Survey released in 2023, Jasper, AL has a population of 9,600, which has increased by 5.8% over the past 5 years. Jasper, AL is a moderately popular place for families, as children make up 22.9% of the population. The area has a poorly educated workforce, with 18.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,600 | 5.8% |
% Under 18 | 22.9% | 8.5% |
% Seniors | 20.5% | 26.5% |
% WFH | 0.5% | -50.0% |
% w/ College Degree | 18.8% | 63.5% |
As of the latest ACS Survey released in 2023, Jasper, AL is a predominantly white area, with 94.2% of the population identifying as white. The white population has shrunk by 1.1% in the last 5 years. The second most common race or ethnicity in Jasper, AL is black, making up 1.3% of the population. Foreign-born residents account for 0.2% of the population in Jasper, AL, and this percentage has decreased by 50.0% 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 | 94.2% | -1.1% |
% Black | 1.3% | -13.3% |
% Hispanic | 1.2% | 1,100.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.2% | -50.0% |
Mortgage and Risk — Jasper, AL
According to HUD data as of 2023, there were 145 mortgage originations in Jasper, AL, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Jasper, AL. Investor activity is low, as 3.0% 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 | 145 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
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 | 104 |
Total Units Section 8 | 104 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $650 |
| 2 Bedroom | -$290 | $1,100 | $810 |
| 3 Bedroom | $60 | $1,080 | $1,140 |
| 4 Bedroom | -$560 | $1,840 | $1,280 |
Affordability — Jasper, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $147,000 |
| Median Household Income | $58,400 |