Athens, AL—35611
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Athens, AL
As of Oct '25, the median home price in Athens, AL is $243,000, with a year-over-year change of -0.1%. This indicates that home prices in Athens, AL are flat. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $243,000 | -0.1% |
| Single Family | $242,000 | -0.4% |
| Condos | $268,000 | -0.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $193,000 | 0.5% |
3 Bed | $261,000 | 0.4% |
4 Bed | $365,000 | 0.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Athens, AL
As of July '25, Rentcast reports the average rent in Athens, AL is $1,430, with a year-over-year rent change of -3.4%. Per bedroom, the median rent as of July '25 in Athens, AL is 1-bedrooms: $967, 2-bedrooms: $1,280, 3-bedrooms: $1,640, 4-bedrooms: $1,940. The most common rental property sizes in Athens, AL are 2-bedroom and 3-bedroom, accounting for 44.2% and 33.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,450 | $1,430 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $975 | $967 |
| 2 Bed Rent | $1,300 | $1,280 |
| 3 Bed Rent | $1,680 | $1,640 |
| 4 Bed Rent | $2,000 | $1,940 |
% of Rental Stock
Property Listings — Athens, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Athens, AL is 102. This is a increase of 43.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $322,000 | 1.0% |
Listing Count | 287 | 62.0% |
| Listings as % of Homes | 0.6% | 62.0% |
Days on Market | 102 | 43.0% |
Demographics — Athens, AL
As of the latest ACS Survey released in 2023, Athens, AL has a population of 29,100, which has increased by 12.9% over the past 5 years. Athens, AL is a moderately popular place for families, as children make up 19.7% of the population. The area has a poorly educated workforce, with 21.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,100 | 12.9% |
% Under 18 | 19.7% | -6.6% |
% Seniors | 18.9% | 2.7% |
% WFH | 5.0% | 163.2% |
% w/ College Degree | 21.6% | 21.3% |
As of the latest ACS Survey released in 2023, Athens, AL is a predominantly white area, with 66.1% of the population identifying as white. The white population has shrunk by 1.9% in the last 5 years. The second most common race or ethnicity in Athens, AL is black, making up 17.7% of the population. Foreign-born residents account for 3.9% of the population in Athens, AL, and this percentage has decreased by 11.4% 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 | 66.1% | -1.9% |
% Black | 17.7% | -7.3% |
% Hispanic | 10.3% | 8.4% |
% Asian | 0.7% | -46.2% |
% Foreign Born | 3.9% | -11.4% |
Mortgage and Risk — Athens, AL
According to HUD data as of 2023, there were 640 mortgage originations in Athens, AL, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Athens, AL. Investor activity is low, as 3.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 640 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Athens, AL
As of 2024, the percent of homes in Athens, AL under the Section 8 program is 14.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Athens, AL, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 717 |
Total Units Section 8 | 662 |
% Rentals under Section 8 | 14.1% |
% Occupied Section 8 | 78.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$5 | $975 | $970 |
| 2 Bedroom | -$170 | $1,300 | $1,130 |
| 3 Bedroom | -$220 | $1,680 | $1,460 |
| 4 Bedroom | -$250 | $2,000 | $1,750 |
Affordability — Athens, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $243,000 |
| Median Household Income | $54,600 |