Huntsville, AL—35802
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Huntsville, AL
As of Oct '25, the median home price in Huntsville, AL is $351,000, with a year-over-year change of 1.8%. This indicates that home prices in Huntsville, AL are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $351,000 | 1.8% |
| Single Family | $374,000 | 2.5% |
| Condos | $167,000 | -3.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $117,000 | -10.0% |
2 Bed | $186,000 | -4.6% |
3 Bed | $324,000 | 0.9% |
4 Bed | $430,000 | 3.1% |
| 5 Bed | $594,000 | 2.6% |
% of Housing Stock
Rental Trends — Huntsville, AL
As of July '25, Rentcast reports the average rent in Huntsville, AL is $1,480, with a year-over-year rent change of 0.7%. Per bedroom, the median rent as of July '25 in Huntsville, AL is studios: $820, 1-bedrooms: $979, 2-bedrooms: $1,310, 3-bedrooms: $1,830, 4-bedrooms: $2,200. The most common rental property sizes in Huntsville, AL are 2-bedroom and 1-bedroom, accounting for 44.7% and 36.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $1,480 |
| Studio Rent | $820 | $820 |
| 1 Bed Rent | $900 | $979 |
| 2 Bed Rent | $1,200 | $1,310 |
| 3 Bed Rent | $1,880 | $1,830 |
| 4 Bed Rent | $2,030 | $2,200 |
% of Rental Stock
Property Listings — Huntsville, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Huntsville, AL is 59. This is a decrease of -11.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $316,000 | -23.0% |
Listing Count | 148 | 17.0% |
| Listings as % of Homes | 0.4% | 17.0% |
Days on Market | 59 | -11.0% |
Demographics — Huntsville, AL
As of the latest ACS Survey released in 2023, Huntsville, AL has a population of 23,300, which has increased by 6.8% over the past 5 years. Huntsville, AL is a moderately popular place for families, as children make up 17.2% of the population. The area has a highly educated workforce, with 50.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,300 | 6.8% |
% Under 18 | 17.2% | -7.5% |
% Seniors | 24.2% | 7.6% |
% WFH | 14.5% | 229.5% |
% w/ College Degree | 50.5% | -6.1% |
As of the latest ACS Survey released in 2023, Huntsville, AL is a predominantly white area, with 73.8% of the population identifying as white. The white population has shrunk by 3.4% in the last 5 years. The second most common race or ethnicity in Huntsville, AL is black, making up 14.8% of the population. Foreign-born residents account for 4.4% of the population in Huntsville, AL, and this percentage has decreased by 32.3% 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 | 73.8% | -3.4% |
% Black | 14.8% | 0.0% |
% Hispanic | 5.4% | 116.0% |
% Asian | 1.9% | -40.6% |
% Foreign Born | 4.4% | -32.3% |
Mortgage and Risk — Huntsville, AL
According to HUD data as of 2023, there were 357 mortgage originations in Huntsville, AL, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Huntsville, AL. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 357 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Huntsville, AL
As of 2024, the percent of homes in Huntsville, AL under the Section 8 program is 0.2%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Huntsville, AL, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 60 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | 0.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $170 | $900 | $1,070 |
| 2 Bedroom | $50 | $1,200 | $1,250 |
| 3 Bedroom | -$270 | $1,880 | $1,610 |
| 4 Bedroom | -$60 | $2,030 | $1,970 |
Affordability — Huntsville, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $351,000 |
| Median Household Income | $72,200 |