Boaz, AL—35956
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Boaz, AL
Home Price Trends — Boaz, AL
As of Oct '25, the median home price in Boaz, AL is $217,000, with a year-over-year change of 3.1%. This indicates that home prices in Boaz, AL are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $217,000 | 3.1% |
| Single Family | $217,000 | 3.8% |
| 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 | $239,000 | 4.8% |
4 Bed | $318,000 | 4.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Boaz, AL
Boaz, AL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Boaz, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Boaz, AL is 69. This is a increase of 10.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $361,000 | 8.0% |
Listing Count | 50 | 49.0% |
| Listings as % of Homes | 0.4% | 49.0% |
Days on Market | 69 | 10.0% |
Demographics — Boaz, AL
As of the latest ACS Survey released in 2023, Boaz, AL has a population of 8,380, which has decreased by -8.5% over the past 5 years. Boaz, AL is a popular place for families, as children make up 26.4% of the population. The area has a poorly educated workforce, with 18.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,380 | -8.5% |
% Under 18 | 26.4% | 10.5% |
% Seniors | 18.6% | -4.1% |
% WFH | 3.4% | -8.1% |
% w/ College Degree | 18.8% | 49.2% |
As of the latest ACS Survey released in 2023, Boaz, AL is a predominantly white area, with 96.9% of the population identifying as white. The white population has grown by 0.4% in the last 5 years. The second most common race or ethnicity in Boaz, AL is hispanic, making up 1.3% of the population. Foreign-born residents account for 0.2% of the population in Boaz, AL, and this percentage has decreased by 71.4% 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 | 96.9% | 0.4% |
% Black | 0.3% | ∞% |
% Hispanic | 1.3% | -13.3% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.2% | -71.4% |
Mortgage and Risk — Boaz, AL
According to HUD data as of 2023, there were 136 mortgage originations in Boaz, AL, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Boaz, AL. Investor activity is low, as 4.0% 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 | 136 |
% Conventional Loans | 61.0% |
% Government Loans | 39.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Boaz, AL
Boaz, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 83 |
Total Units Section 8 | 83 |
% Rentals under Section 8 | 12.3% |
% Occupied Section 8 | 84.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $800 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,120 |
| 4 Bedroom | N/A | N/A | $1,260 |
Affordability — Boaz, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $217,000 |
| Median Household Income | $57,600 |