Parrish, AL—35580
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Parrish, AL
Parrish, AL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $89,000 | -7.5% |
| Single Family | $89,000 | -8.2% |
| 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 — Parrish, AL
As of July '25, Rentcast reports the average rent in Parrish, AL is $1,430, with a year-over-year rent change of 8.3%. Per bedroom, the median rent as of July '25 in Parrish, AL is 3-bedrooms: $1,370, 4-bedrooms: $1,600. The most common rental property sizes in Parrish, AL are 2-bedroom and 3-bedroom, accounting for 48.0% and 34.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,540 | $1,430 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,540 | $1,370 |
| 4 Bed Rent | $1,600 | $1,600 |
% of Rental Stock
Property Listings — Parrish, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Parrish, AL is 97. This is a increase of 74.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $106,000 | 23.0% |
Listing Count | 8 | 12.0% |
| Listings as % of Homes | 0.5% | 12.0% |
Days on Market | 97 | 74.0% |
Demographics — Parrish, AL
As of the latest ACS Survey released in 2023, Parrish, AL has a population of 3,530, which has decreased by -4.9% over the past 5 years. Parrish, AL is a moderately popular place for families, as children make up 17.7% of the population. The area has a poorly educated workforce, with 14.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,530 | -4.9% |
% Under 18 | 17.7% | -27.8% |
% Seniors | 16.2% | -1.8% |
% WFH | 1.6% | -5.9% |
% w/ College Degree | 14.1% | 176.5% |
As of the latest ACS Survey released in 2023, Parrish, AL is a predominantly white area, with 88.9% of the population identifying as white. The white population has grown by 4.6% in the last 5 years. The second most common race or ethnicity in Parrish, AL is black, making up 7.4% of the population. Foreign-born residents account for 0.3% of the population in Parrish, AL, and this percentage has decreased by 87.0% 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 | 88.9% | 4.6% |
% Black | 7.4% | -10.8% |
% Hispanic | 1.3% | -75.9% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.3% | -87.0% |
Mortgage and Risk — Parrish, AL
According to HUD data as of 2023, there were 36 mortgage originations in Parrish, AL, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 85.0%, with 58.0% above 90% LTV (very high). This implies large mortgage risk in Parrish, AL. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 36 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Parrish, AL
Parrish, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 24 |
Total Units Section 8 | 6 |
% 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 | $610 |
| 2 Bedroom | N/A | N/A | $780 |
| 3 Bedroom | -$450 | $1,540 | $1,090 |
| 4 Bedroom | -$390 | $1,600 | $1,210 |
Affordability — Parrish, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.7 |
| Median Home Price | $89,000 |
| Median Household Income | $56,700 |