Section, AL—35771
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Section, AL
As of Oct '25, the median home price in Section, AL is $178,000, with a year-over-year change of 1.0%. This indicates that home prices in Section, 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 | $178,000 | 1.0% |
| Single Family | $178,000 | 0.6% |
| 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 | $252,000 | 4.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Section, AL
Section, AL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| 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 — Section, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Section, AL is 67. This is a decrease of -35.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $390,000 | 9.0% |
Listing Count | 9 | 55.0% |
| Listings as % of Homes | 0.4% | 55.0% |
Days on Market | 67 | -35.0% |
Demographics — Section, AL
As of the latest ACS Survey released in 2023, Section, AL has a population of 3,110, which has decreased by -20.5% over the past 5 years. Section, AL is a moderately popular place for families, as children make up 23.6% of the population. The area has a poorly educated workforce, with 11.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,110 | -20.5% |
% Under 18 | 23.6% | 2.6% |
% Seniors | 19.9% | 71.6% |
% WFH | 2.1% | -8.7% |
% w/ College Degree | 11.2% | 13.1% |
As of the latest ACS Survey released in 2023, Section, AL is a predominantly white area, with 93.7% of the population identifying as white. The white population has grown by 4.2% in the last 5 years. The second most common race or ethnicity in Section, AL is hispanic, making up 3.3% of the population. Foreign-born residents account for 1.2% of the population in Section, AL, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.7% | 4.2% |
% Black | 0.0% | -100.0% |
% Hispanic | 3.3% | 371.4% |
% Asian | 0.1% | ∞% |
% Foreign Born | 1.2% | 0.0% |
Mortgage and Risk — Section, AL
According to HUD data as of 2023, there were 42 mortgage originations in Section, AL, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Section, AL. Investor activity is low, as 7.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 42 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 7.0% |
% Second Loans | 10.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Section, AL
Section, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 28 |
Total Units Section 8 | 28 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $680 |
| 2 Bedroom | N/A | N/A | $780 |
| 3 Bedroom | N/A | N/A | $1,050 |
| 4 Bedroom | N/A | N/A | $1,270 |
Affordability — Section, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $178,000 |
| Median Household Income | $51,400 |