Toney, AL—35773
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Toney, AL
As of Oct '25, the median home price in Toney, AL is $263,000, with a year-over-year change of -1.4%. This indicates that home prices in Toney, AL are decreasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $263,000 | -1.4% |
| Single Family | $263,000 | -1.1% |
| 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 | $257,000 | -0.4% |
4 Bed | $329,000 | 0.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Toney, AL
As of July '25, Rentcast reports the average rent in Toney, AL is $1,580, with a year-over-year rent change of -3.7%. Per bedroom, the median rent as of July '25 in Toney, AL is studios: $300, 2-bedrooms: $1,220, 3-bedrooms: $1,620, 4-bedrooms: $1,820. The most common rental property sizes in Toney, AL are 3-bedroom and 2-bedroom, accounting for 57.4% and 29.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,580 |
| Studio Rent | $300 | $300 |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,100 | $1,220 |
| 3 Bed Rent | $1,600 | $1,620 |
| 4 Bed Rent | $1,780 | $1,820 |
% of Rental Stock
Property Listings — Toney, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Toney, AL is 53. This is a increase of 52.0% 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 9.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $342,000 | 13.0% |
Listing Count | 86 | 16.0% |
| Listings as % of Homes | 1.2% | 16.0% |
Days on Market | 53 | 52.0% |
Demographics — Toney, AL
As of the latest ACS Survey released in 2023, Toney, AL has a population of 14,000, which has increased by 9.4% over the past 5 years. Toney, AL is a moderately popular place for families, as children make up 19.9% of the population. The area has a moderately educated workforce, with 26.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,000 | 9.4% |
% Under 18 | 19.9% | -9.5% |
% Seniors | 14.9% | 20.2% |
% WFH | 8.8% | 340.0% |
% w/ College Degree | 26.6% | 18.8% |
As of the latest ACS Survey released in 2023, Toney, AL is a predominantly white area, with 72.1% of the population identifying as white. The white population has grown by 0.7% in the last 5 years. The second most common race or ethnicity in Toney, AL is black, making up 17.9% of the population. Foreign-born residents account for 2.5% of the population in Toney, AL, and this percentage has decreased by 13.8% 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 | 72.1% | 0.7% |
% Black | 17.9% | -4.8% |
% Hispanic | 6.7% | 109.4% |
% Asian | 2.0% | 900.0% |
% Foreign Born | 2.5% | -13.8% |
Mortgage and Risk — Toney, AL
According to HUD data as of 2023, there were 191 mortgage originations in Toney, AL, of which 59.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Toney, AL. Investor activity is low, as 3.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 191 |
% Conventional Loans | 59.0% |
% Government Loans | 41.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Toney, AL
Toney, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | 1.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,040 |
| 2 Bedroom | $110 | $1,100 | $1,210 |
| 3 Bedroom | -$40 | $1,600 | $1,560 |
| 4 Bedroom | $120 | $1,780 | $1,900 |
Affordability — Toney, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $263,000 |
| Median Household Income | $68,500 |