Athens, AL—35613
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 $344,000, with a year-over-year change of 1.1%. This indicates that home prices in Athens, AL are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $344,000 | 1.1% |
| Single Family | $344,000 | 1.2% |
| 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 | $290,000 | 0.0% |
4 Bed | $401,000 | 1.3% |
| 5 Bed | $535,000 | 3.5% |
% of Housing Stock
Rental Trends — Athens, AL
As of July '25, Rentcast reports the average rent in Athens, AL is $1,760, with a year-over-year rent change of -7.4%. Per bedroom, the median rent as of July '25 in Athens, AL is studios: $500, 1-bedrooms: $648, 2-bedrooms: $1,300, 3-bedrooms: $1,800, 4-bedrooms: $2,030. The most common rental property sizes in Athens, AL are 3-bedroom and 4-bedroom, accounting for 36.5% and 32.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,840 | $1,760 |
| Studio Rent | $500 | $500 |
| 1 Bed Rent | $645 | $648 |
| 2 Bed Rent | $1,300 | $1,300 |
| 3 Bed Rent | $1,800 | $1,800 |
| 4 Bed Rent | $2,000 | $2,030 |
% 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 54. This is a increase of 20.0% 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 | $462,000 | 23.0% |
Listing Count | 364 | 38.0% |
| Listings as % of Homes | 1.6% | 38.0% |
Days on Market | 54 | 20.0% |
Demographics — Athens, AL
As of the latest ACS Survey released in 2023, Athens, AL has a population of 24,200, which has decreased by -5.5% over the past 5 years. Athens, AL is a moderately popular place for families, as children make up 20.8% of the population. The area has a moderately educated workforce, with 36.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 24,200 | -5.5% |
% Under 18 | 20.8% | -3.7% |
% Seniors | 18.2% | 36.8% |
% WFH | 9.0% | 95.7% |
% w/ College Degree | 36.4% | 23.4% |
As of the latest ACS Survey released in 2023, Athens, AL is a predominantly white area, with 82.5% of the population identifying as white. The white population has shrunk by 0.4% in the last 5 years. The second most common race or ethnicity in Athens, AL is black, making up 7.0% of the population. Foreign-born residents account for 3.4% of the population in Athens, AL, and this percentage has increased by 61.9% 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 | 82.5% | -0.4% |
% Black | 7.0% | -21.3% |
% Hispanic | 5.4% | 22.7% |
% Asian | 1.2% | 140.0% |
% Foreign Born | 3.4% | 61.9% |
Mortgage and Risk — Athens, AL
According to HUD data as of 2023, there were 784 mortgage originations in Athens, AL, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Athens, AL. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 784 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Athens, AL
As of 2024, the percent of homes in Athens, AL under the Section 8 program is 1.3%. 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. 1-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Athens, AL, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 26 |
Total Units Section 8 | 26 |
% Rentals under Section 8 | 1.3% |
% Occupied Section 8 | 55.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $475 | $645 | $1,120 |
| 2 Bedroom | $0 | $1,300 | $1,300 |
| 3 Bedroom | -$120 | $1,800 | $1,680 |
| 4 Bedroom | $50 | $2,000 | $2,050 |
Affordability — Athens, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $344,000 |
| Median Household Income | $103,000 |