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Hazel Green, AL—35750

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$251,000
0.9% YoY Growth
Household Income
$78,600
56.4% YoY Growth
Days on Market
91
7.0% Longer YoY
Home Price Forecast
1.4%
Median Rent
$1,780
2.4% YoY Growth
1-Bed Rent
$1,500
53.8% YoY Growth
2-Bed Rent
$1,100
10.9% YoY Growth
3-Bed Rent
$1,650
0.0% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Hazel Green, AL

As of Dec '25, the median home price in Hazel Green, AL is $251,000, with a year-over-year change of -0.9%. This indicates that home prices in Hazel Green, AL are flat. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$251,000-0.9%
Single Family $252,000-0.4%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		$261,0000.4%
    4 Bed
    		$324,0000.0%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    0.2%
    1 Bedroom
    2.9%
    2 Bedrooms
    13.5%
    3 Bedrooms
    60.2%
    4 Bedrooms
    15.5%
    5+ Bedrooms
    7.7%

    Rental Trends — Hazel Green, AL

    As of July '25, Rentcast reports the average rent in Hazel Green, AL is $1,740, with a year-over-year rent change of 2.4%. Per bedroom, the median rent as of July '25 in Hazel Green, AL is studios: $300, 1-bedrooms: $1,500, 2-bedrooms: $1,150, 3-bedrooms: $1,630, 4-bedrooms: $2,000. The most common rental property sizes in Hazel Green, AL are 3-bedroom and 2-bedroom, accounting for 51.6% and 39.2% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,780$1,740
    Studio Rent $300$300
    1 Bed Rent $1,500$1,500
    2 Bed Rent $1,100$1,150
    3 Bed Rent $1,650$1,630
    4 Bed Rent $1,980$2,000
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    % of Rental Stock

    1 Bedroom
    3.6%
    2 Bedrooms
    39.2%
    3 Bedrooms
    51.6%
    4 Bedrooms
    5.6%

    Property Listings — Hazel Green, AL

    As of Dec '25, Realtor.com reports that the median days on market for a home in Hazel Green, AL is 66. This is a increase of 3.0% 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$319,0002.0%
    Listing Count
    		922.0%
    Listings as % of Homes1.0%2.0%
    Days on Market
    		917.0%
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    Demographics — Hazel Green, AL

    As of the latest ACS Survey released in 2023, Hazel Green, AL has a population of 13,600, which has increased by 10.3% over the past 5 years. Hazel Green, AL is a moderately popular place for families, as children make up 22.5% of the population. The area has a moderately educated workforce, with 29.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.1% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		13,60010.3%
    % Under 18
    		22.5%9.8%
    % Seniors
    		14.9%2.8%
    % WFH
    		6.1%369.2%
    % w/ College Degree
    		29.3%45.0%
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    As of the latest ACS Survey released in 2023, Hazel Green, AL is a predominantly white area, with 71.1% of the population identifying as white. The white population has shrunk by 18.7% in the last 5 years. The second most common race or ethnicity in Hazel Green, AL is black, making up 18.6% of the population. Foreign-born residents account for 3.5% of the population in Hazel Green, AL, and this percentage has increased by 169.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		71.1%-18.7%
    % Black
    		18.6%158.3%
    % Hispanic
    		2.0%100.0%
    % Asian
    		4.7%422.2%
    % Foreign Born
    		3.5%169.2%
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    Mortgage and Risk — Hazel Green, AL

    According to HUD data as of 2023, there were 479 mortgage originations in Hazel Green, AL, of which 56.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in Hazel Green, AL. Investor activity is low, as 3.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		479
    % Conventional Loans
    		56.0%
    % Government Loans
    		44.0%
    % Investor Loans
    		3.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		15.0%
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    Rentals and Section 8 — Hazel Green, AL

    As of 2024, the percent of homes in Hazel Green, AL under the Section 8 program is 0.6%. 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. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Hazel Green, AL, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		7
    Total Units Section 8
    		6
    % Rentals under Section 8
    		0.6%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$450$1,500$1,050
    2 Bedroom$120$1,100$1,220
    3 Bedroom-$80$1,650$1,570
    4 Bedroom-$60$1,980$1,920

    Affordability — Hazel Green, AL

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.1
    Median Home Price$251,000
    Median Household Income$78,600

    Hazel Green, AL — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Meridianville, AL

    35759

    Toney, AL

    35773

    Huntsville, AL

    35810

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    35811

    New Market, AL

    35761

    Frequently Asked Questions