Hokes Bluff, AL—35903
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hokes Bluff, AL
As of Oct '25, the median home price in Hokes Bluff, AL is $139,000, with a year-over-year change of 1.6%. This indicates that home prices in Hokes Bluff, AL are increasing. 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 | $139,000 | 1.6% |
| Single Family | $139,000 | 1.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $83,000 | 2.5% |
3 Bed | $191,000 | 4.9% |
4 Bed | $256,000 | 4.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hokes Bluff, AL
As of July '25, Rentcast reports the average rent in Hokes Bluff, AL is $852, with a year-over-year rent change of -23.9%. Per bedroom, the median rent as of July '25 in Hokes Bluff, AL is 1-bedrooms: $625, 2-bedrooms: $715, 3-bedrooms: $1,140. The most common rental property sizes in Hokes Bluff, AL are 2-bedroom and 3-bedroom, accounting for 42.5% and 36.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $775 | $852 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $600 | $625 |
| 2 Bed Rent | $775 | $715 |
| 3 Bed Rent | $1,050 | $1,140 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Hokes Bluff, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Hokes Bluff, AL is 69. This is a increase of 6.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $193,000 | 15.0% |
Listing Count | 85 | 34.0% |
| Listings as % of Homes | 0.6% | 34.0% |
Days on Market | 69 | 6.0% |
Demographics — Hokes Bluff, AL
As of the latest ACS Survey released in 2023, Hokes Bluff, AL has a population of 17,200, which has remained stable by 0.3% over the past 5 years. Hokes Bluff, AL is a moderately popular place for families, as children make up 16.7% of the population. The area has a poorly educated workforce, with 16.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,200 | 0.3% |
% Under 18 | 16.7% | -16.1% |
% Seniors | 17.9% | 8.5% |
% WFH | 3.8% | 18.8% |
% w/ College Degree | 16.0% | 5.3% |
As of the latest ACS Survey released in 2023, Hokes Bluff, AL is a predominantly white area, with 61.8% 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 Hokes Bluff, AL is black, making up 30.6% of the population. Foreign-born residents account for 2.7% of the population in Hokes Bluff, AL, and this percentage has decreased by 25.0% 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 | 61.8% | 0.7% |
% Black | 30.6% | -7.0% |
% Hispanic | 4.1% | -30.5% |
% Asian | 1.1% | 1,000.0% |
% Foreign Born | 2.7% | -25.0% |
Mortgage and Risk — Hokes Bluff, AL
According to HUD data as of 2023, there were 360 mortgage originations in Hokes Bluff, AL, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Hokes Bluff, AL. Investor activity is low, as 5.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 360 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Hokes Bluff, AL
Hokes Bluff, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 498 |
Total Units Section 8 | 145 |
% Rentals under Section 8 | 6.2% |
% Occupied Section 8 | 72.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $200 | $600 | $800 |
| 2 Bedroom | $155 | $775 | $930 |
| 3 Bedroom | $70 | $1,050 | $1,120 |
| 4 Bedroom | N/A | N/A | $1,240 |
Affordability — Hokes Bluff, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $139,000 |
| Median Household Income | $50,100 |