Millport, AL—35574
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Millport, AL
Millport, AL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $135,000 | -3.4% |
| Single Family | $135,000 | -4.9% |
| 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 — Millport, AL
Millport, 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 — Millport, AL
Millport, AL lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | 0.4% | N/A |
Days on Market | N/A | N/A |
Demographics — Millport, AL
As of the latest ACS Survey released in 2023, Millport, AL has a population of 1,050, which has decreased by -38.2% over the past 5 years. Millport, AL is a moderately popular place for families, as children make up 16.5% of the population. The area has a poorly educated workforce, with 8.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,050 | -38.2% |
% Under 18 | 16.5% | -11.8% |
% Seniors | 23.6% | -12.6% |
% WFH | 2.4% | 200.0% |
% w/ College Degree | 8.1% | -52.4% |
As of the latest ACS Survey released in 2023, Millport, AL is a predominantly white area, with 84.9% of the population identifying as white. The white population has shrunk by 4.5% in the last 5 years. The second most common race or ethnicity in Millport, AL is black, making up 10.9% of the population. Foreign-born residents account for 1.0% of the population in Millport, AL, and this percentage has increased by 233.3% 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 | 84.9% | -4.5% |
% Black | 10.9% | 109.6% |
% Hispanic | 2.8% | -50.9% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.0% | 233.3% |
Mortgage and Risk — Millport, AL
Millport, AL lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Millport, AL
Millport, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 14 |
Total Units Section 8 | 0 |
% Rentals under Section 8 | 0.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $910 |
| 2 Bedroom | N/A | N/A | $1,110 |
| 3 Bedroom | N/A | N/A | $1,470 |
| 4 Bedroom | N/A | N/A | $1,510 |
Affordability — Millport, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $135,000 |
| Median Household Income | $37,500 |