Huntsville, AL35824

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$384,000
0.5% YoY Growth
Median Household Income
$93,100
7.9% 5-Year Growth
Days on Market
60
7.0% Shorter than last year
Home Price Forecast
0.7%
Median Rent
$1,900
8.7% YoY Growth
1-Bed Rent
$975
63.9% YoY Growth
2-Bed Rent
$1,600
N/A
3-Bed Rent
$1,880
2.1% YoY Growth

Other Zip Codes in Huntsville, AL

Property Listings — Huntsville, AL

As of Oct '25, Realtor.com reports that the median days on market for a home in Huntsville, AL is 60. This is a decrease of -7.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$389,000-6.0%
Listing Count
412.0%
Listings as % of Homes1.0%2.0%
Days on Market
60-7.0%
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Demographics — Huntsville, AL

As of the latest ACS Survey released in 2023, Huntsville, AL has a population of 9,690, which has increased by 12.1% over the past 5 years. Huntsville, AL is a less popular place for families, as children make up 12.3% of the population. The area has a highly educated workforce, with 62.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.7% reporting working from home.

MetricLatest CensusYoY % Change
Population
9,69012.1%
% Under 18
12.3%-46.5%
% Seniors
14.4%100.0%
% WFH
13.7%585.0%
% w/ College Degree
62.8%16.5%
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As of the latest ACS Survey released in 2023, Huntsville, AL is a predominantly white area, with 56.9% of the population identifying as white. The white population has shrunk by 1.9% in the last 5 years. The second most common race or ethnicity in Huntsville, AL is black, making up 27.0% of the population. Foreign-born residents account for 9.8% of the population in Huntsville, AL, and this percentage has increased by 63.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
56.9%-1.9%
% Black
27.0%-2.9%
% Hispanic
6.8%30.8%
% Asian
4.4%12.8%
% Foreign Born
9.8%63.3%
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Mortgage and Risk — Huntsville, AL

According to HUD data as of 2023, there were 464 mortgage originations in Huntsville, AL, of which 62.0% 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 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

MetricZip Code Average
Total Loan Originations
464
% Conventional Loans
62.0%
% Government Loans
38.0%
% Investor Loans
2.0%
% Second Loans
1.0%
% Cash Out Refinance
10.0%

Loan Activity

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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 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Huntsville, AL, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.

Section 8 Market Size

Total Units under HUD
5
Total Units Section 8
5
% Rentals under Section 8
0.2%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$205$975$1,180
2 Bedroom-$230$1,600$1,370
3 Bedroom-$110$1,880$1,770
4 Bedroom$60$2,100$2,160

Affordability — Huntsville, AL

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.1
Median Home Price$384,000
Median Household Income$93,100

Huntsville, AL — ZIP Code Boundary Map

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Frequently Asked Questions