Hartselle, AL 35640 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Hartselle, AL—35640

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$248,000

1.3% YoY Growth

Household Income

$69,700

25.1% YoY Growth

Days on Market

6.0% Shorter YoY

Home Price Forecast

-0.4%

Median Rent

$1,280

4.1% YoY Growth

1-Bed Rent

$650

N/A

2-Bed Rent

$1,300

5.3% YoY Growth

3-Bed Rent

$1,300

8.6% YoY Growth

Home Price Trends — Hartselle, AL

As of May '26, the median home price in Hartselle, AL is $248,000, with a year-over-year change of 1.3%. This indicates that home prices in Hartselle, AL are increasing. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$248,000	1.3%
Single Family	$248,000	1.2%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Hartselle, AL

As of July '25, Rentcast reports the average rent in Hartselle, AL is $1,400, with a year-over-year rent change of -4.1%. Per bedroom, the median rent as of July '25 in Hartselle, AL is 1-bedrooms: $752, 2-bedrooms: $1,390, 3-bedrooms: $1,390. The most common rental property sizes in Hartselle, AL are 3-bedroom and 2-bedroom, accounting for 41.6% and 38.2% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,280	$1,400
Studio Rent	N/A	N/A
1 Bed Rent	$650	$752
2 Bed Rent	$1,300	$1,390
3 Bed Rent	$1,300	$1,390
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

7.3%

1 Bedroom

10.5%

2 Bedrooms

38.2%

3 Bedrooms

41.6%

4 Bedrooms

1.4%

5+ Bedrooms

1.1%

Property Listings — Hartselle, AL

As of May '26, Realtor.com reports that the median days on market for a home in Hartselle, AL is 58. This is a decrease of -6.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$282,000	-7.0%
Listing Count	131	0.0%
Listings as % of Homes	0.6%	0.0%
Days on Market	58	-6.0%

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Demographics — Hartselle, AL

As of the latest ACS Survey released in 2023, Hartselle, AL has a population of 27,000, which has increased by 9.8% over the past 5 years. Hartselle, AL is a moderately popular place for families, as children make up 23.4% of the population. The area has a moderately educated workforce, with 25.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	27,000	9.8%
% Under 18	23.4%	-1.3%
% Seniors	17.2%	6.8%
% WFH	6.2%	226.3%
% w/ College Degree	25.0%	18.5%

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As of the latest ACS Survey released in 2023, Hartselle, AL is a predominantly white area, with 88.9% of the population identifying as white. The white population has shrunk by 1.7% in the last 5 years. The second most common race or ethnicity in Hartselle, AL is black, making up 5.5% of the population. Foreign-born residents account for 1.0% of the population in Hartselle, AL, and this percentage has decreased by 44.4% 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	88.9%	-1.7%
% Black	5.5%	25.0%
% Hispanic	2.2%	-8.3%
% Asian	0.1%	-92.9%
% Foreign Born	1.0%	-44.4%

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Mortgage and Risk — Hartselle, AL

According to HUD data as of 2023, there were 604 mortgage originations in Hartselle, AL, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Hartselle, AL. Investor activity is low, as 3.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	604
% Conventional Loans	66.0%
% Government Loans	34.0%
% Investor Loans	3.0%
% Second Loans	1.0%
% Cash Out Refinance	14.0%

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Rentals and Section 8 — Hartselle, AL

Hartselle, AL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	251
Total Units Section 8	35
% Rentals under Section 8	2.0%
% Occupied Section 8	55.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$120	$650	$770
2 Bedroom	-$360	$1,300	$940
3 Bedroom	-$60	$1,300	$1,240
4 Bedroom	N/A	N/A	$1,480

Hartselle, AL—35640

Key Metrics at a Glance

Home Price Trends — Hartselle, AL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Hartselle, AL

% of Rental Stock

Property Listings — Hartselle, AL

Demographics — Hartselle, AL

Race and Ethnicity

Mortgage and Risk — Hartselle, AL

Mortgages

Rentals and Section 8 — Hartselle, AL

Section 8 Market Size

Section 8 Opportunity

Affordability — Hartselle, AL

Home Price to Income Ratio

Hartselle, AL — ZIP Code Boundary Map

Nearby ZIP Codes

Decatur, AL

Falkville, AL

Vinemont, AL

Decatur, AL

Danville, AL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.2
Median Home Price	$248,000
Median Household Income	$69,700

Hartselle, AL—35640

Key Metrics at a Glance

Home Price Trends — Hartselle, AL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Hartselle, AL

% of Rental Stock

Property Listings — Hartselle, AL

Demographics — Hartselle, AL

Race and Ethnicity

Mortgage and Risk — Hartselle, AL

Mortgages

Rentals and Section 8 — Hartselle, AL

Section 8 Market Size

Section 8 Opportunity

Affordability — Hartselle, AL

Home Price to Income Ratio

Hartselle, AL — ZIP Code Boundary Map

Nearby ZIP Codes

Decatur, AL

Falkville, AL

Vinemont, AL

Decatur, AL

Danville, AL

Frequently Asked Questions

What is the average home price in Hartselle, AL 35640?

How have home prices in Hartselle, AL 35640 changed over the past year?

What is the home price projection for Hartselle, AL 35640?

What are the demographics of Hartselle, AL 35640?

How long does it take homes to sell in Hartselle, AL 35640?

What is the average rent price in Hartselle, AL 35640?