Carbon Hill, AL—35549
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Carbon Hill, AL
Carbon Hill, AL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $80,000 | -9.4% |
| Single Family | $79,000 | -11.2% |
| 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 — Carbon Hill, AL
As of July '25, Rentcast reports the average rent in Carbon Hill, AL is $1,100, with a year-over-year rent change of 28.7%. Per bedroom, the median rent as of July '25 in Carbon Hill, AL is 3-bedrooms: $1,100. The most common rental property sizes in Carbon Hill, AL are 1-bedroom and 3-bedroom, accounting for 44.6% and 36.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,100 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,100 | $1,100 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Carbon Hill, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Carbon Hill, AL is 16. This is a decrease of -42.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $221,000 | -15.0% |
Listing Count | 5 | -68.0% |
| Listings as % of Homes | 0.4% | -68.0% |
Days on Market | 16 | -42.0% |
Demographics — Carbon Hill, AL
As of the latest ACS Survey released in 2023, Carbon Hill, AL has a population of 3,020, which has decreased by -14.1% over the past 5 years. Carbon Hill, AL is a moderately popular place for families, as children make up 20.0% of the population. The area has a poorly educated workforce, with 6.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,020 | -14.1% |
% Under 18 | 20.0% | -2.4% |
% Seniors | 22.8% | 2.7% |
% WFH | 1.7% | -34.6% |
% w/ College Degree | 6.9% | -14.8% |
As of the latest ACS Survey released in 2023, Carbon Hill, AL is a predominantly white area, with 85.9% of the population identifying as white. The white population has shrunk by 8.4% in the last 5 years. The second most common race or ethnicity in Carbon Hill, AL is black, making up 8.1% of the population. Foreign-born residents account for 1.3% of the population in Carbon Hill, AL, and this percentage has increased by 160.0% 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 | 85.9% | -8.4% |
% Black | 8.1% | 138.2% |
% Hispanic | 1.9% | ∞% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.3% | 160.0% |
Mortgage and Risk — Carbon Hill, AL
According to HUD data as of 2023, there were 43 mortgage originations in Carbon Hill, AL, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in Carbon Hill, AL. Investor activity is low, as 5.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 43 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Carbon Hill, AL
Carbon Hill, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 163 |
Total Units Section 8 | 48 |
% 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 | $690 |
| 2 Bedroom | N/A | N/A | $780 |
| 3 Bedroom | -$10 | $1,100 | $1,090 |
| 4 Bedroom | N/A | N/A | $1,200 |
Affordability — Carbon Hill, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $80,000 |
| Median Household Income | $41,400 |