Glencoe, AL—35905
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Glencoe, AL
As of Oct '25, the median home price in Glencoe, AL is $204,000, with a year-over-year change of 2.3%. This indicates that home prices in Glencoe, AL are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $204,000 | 2.3% |
| Single Family | $204,000 | 3.0% |
| 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 | $218,000 | 3.3% |
4 Bed | $310,000 | 3.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Glencoe, AL
As of July '25, Rentcast reports the average rent in Glencoe, AL is $700, with a year-over-year rent change of -33.3%. Per bedroom, the median rent as of July '25 in Glencoe, AL is 2-bedrooms: $700. The most common rental property sizes in Glencoe, AL are 2-bedroom and 3-bedroom, accounting for 45.1% and 41.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $700 | $700 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $700 | $700 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Glencoe, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Glencoe, AL is 88. This is a increase of 77.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $350,000 | 27.0% |
Listing Count | 26 | 46.0% |
| Listings as % of Homes | 0.5% | 46.0% |
Days on Market | 88 | 77.0% |
Demographics — Glencoe, AL
As of the latest ACS Survey released in 2023, Glencoe, AL has a population of 6,310, which has increased by 2.7% over the past 5 years. Glencoe, AL is a moderately popular place for families, as children make up 23.1% of the population. The area has a poorly educated workforce, with 20.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,310 | 2.7% |
% Under 18 | 23.1% | 14.4% |
% Seniors | 21.9% | 1.4% |
% WFH | 1.6% | -56.8% |
% w/ College Degree | 20.4% | -0.5% |
As of the latest ACS Survey released in 2023, Glencoe, AL is a predominantly white area, with 93.3% of the population identifying as white. The white population has shrunk by 1.5% in the last 5 years. The second most common race or ethnicity in Glencoe, AL is hispanic, making up 1.4% of the population. Foreign-born residents account for 2.1% of the population in Glencoe, AL, and this percentage has increased by 425.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.3% | -1.5% |
% Black | 1.2% | -25.0% |
% Hispanic | 1.4% | 366.7% |
% Asian | 1.0% | ∞% |
% Foreign Born | 2.1% | 425.0% |
Mortgage and Risk — Glencoe, AL
According to HUD data as of 2023, there were 93 mortgage originations in Glencoe, AL, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Glencoe, AL. Investor activity is low, as 5.0% 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 | 93 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Glencoe, AL
Glencoe, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $800 |
| 2 Bedroom | $240 | $700 | $940 |
| 3 Bedroom | N/A | N/A | $1,140 |
| 4 Bedroom | N/A | N/A | $1,260 |
Affordability — Glencoe, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $204,000 |
| Median Household Income | $65,500 |