Laceys Spring, AL—35754
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Laceys Spring, AL
As of Oct '25, the median home price in Laceys Spring, AL is $220,000, with a year-over-year change of 1.3%. This indicates that home prices in Laceys Spring, AL are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $220,000 | 1.3% |
| Single Family | $220,000 | 1.9% |
| 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 | $275,000 | 3.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Laceys Spring, AL
As of July '25, Rentcast reports the average rent in Laceys Spring, AL is $2,000, with a year-over-year rent change of 33.3%. Detailed rent data by bedroom size is not available for Laceys Spring, AL. The most common rental property sizes in Laceys Spring, AL are 2-bedroom and 3-bedroom, accounting for 54.2% and 25.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,000 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Laceys Spring, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Laceys Spring, AL is 39. This is a decrease of -31.0% 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 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $400,000 | 19.0% |
Listing Count | 17 | 46.0% |
| Listings as % of Homes | 0.2% | 46.0% |
Days on Market | 39 | -31.0% |
Demographics — Laceys Spring, AL
As of the latest ACS Survey released in 2023, Laceys Spring, AL has a population of 5,600, which has increased by 6.5% over the past 5 years. Laceys Spring, AL is a moderately popular place for families, as children make up 16.9% of the population. The area has a moderately educated workforce, with 31.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,600 | 6.5% |
% Under 18 | 16.9% | -11.5% |
% Seniors | 21.1% | 13.4% |
% WFH | 12.3% | ∞% |
% w/ College Degree | 31.3% | 31.5% |
As of the latest ACS Survey released in 2023, Laceys Spring, AL is a predominantly white area, with 81.5% of the population identifying as white. The white population has shrunk by 6.3% in the last 5 years. The second most common race or ethnicity in Laceys Spring, AL is hispanic, making up 10.0% of the population. Foreign-born residents account for 15.1% of the population in Laceys Spring, AL, and this percentage has increased by 297.4% 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 | 81.5% | -6.3% |
% Black | 0.9% | -50.0% |
% Hispanic | 10.0% | 163.2% |
% Asian | 0.6% | ∞% |
% Foreign Born | 15.1% | 297.4% |
Mortgage and Risk — Laceys Spring, AL
According to HUD data as of 2023, there were 100 mortgage originations in Laceys Spring, AL, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Laceys Spring, AL. Investor activity is low, as 3.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 100 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Laceys Spring, AL
Laceys Spring, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | $700 |
| 2 Bedroom | N/A | N/A | $850 |
| 3 Bedroom | N/A | N/A | $1,120 |
| 4 Bedroom | N/A | N/A | $1,340 |
Affordability — Laceys Spring, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $220,000 |
| Median Household Income | $92,600 |