Fort Payne, AL 35967 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Fort Payne, AL—35967

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$189,000

2.0% YoY Growth

Household Income

$48,100

21.1% YoY Growth

Days on Market

70

14.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

$1,000

9.2% YoY Growth

1-Bed Rent

$900

N/A

2-Bed Rent

$1,300

N/A

3-Bed Rent

$1,200

4.2% YoY Growth

Other Zip Codes in Fort Payne, AL

35968

Home Price Trends — Fort Payne, AL

Fort Payne, AL lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$189,000	2.0%
Single Family	$189,000	1.1%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Fort Payne, AL

As of July '25, Rentcast reports the average rent in Fort Payne, AL is $1,090, with a year-over-year rent change of -9.2%. Per bedroom, the median rent as of July '25 in Fort Payne, AL is 1-bedrooms: $917, 2-bedrooms: $1,300, 3-bedrooms: $1,250. The most common rental property sizes in Fort Payne, AL are 2-bedroom and 3-bedroom, accounting for 57.9% and 27.3% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,000	$1,090
Studio Rent	N/A	N/A
1 Bed Rent	$900	$917
2 Bed Rent	$1,300	$1,300
3 Bed Rent	$1,200	$1,250
4 Bed Rent	N/A	N/A

Loading chart...

% of Rental Stock

1 Bedroom

9.9%

2 Bedrooms

57.9%

3 Bedrooms

27.3%

4 Bedrooms

3.5%

5+ Bedrooms

1.5%

Property Listings — Fort Payne, AL

As of Dec '25, Realtor.com reports that the median days on market for a home in Fort Payne, AL is 74. This is a decrease of 0.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 27.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$282,000	3.0%
Listing Count	74	31.0%
Listings as % of Homes	0.5%	31.0%
Days on Market	70	-14.0%

Loading chart...

Demographics — Fort Payne, AL

As of the latest ACS Survey released in 2023, Fort Payne, AL has a population of 17,300, which has increased by 5.9% over the past 5 years. Fort Payne, AL is a popular place for families, as children make up 25.5% of the population. The area has a poorly educated workforce, with 16.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	17,300	5.9%
% Under 18	25.5%	-1.5%
% Seniors	16.3%	10.9%
% WFH	5.9%	210.5%
% w/ College Degree	16.2%	11.0%

Loading chart...

As of the latest ACS Survey released in 2023, Fort Payne, AL is a predominantly white area, with 72.9% of the population identifying as white. The white population has shrunk by 7.1% in the last 5 years. The second most common race or ethnicity in Fort Payne, AL is hispanic, making up 21.9% of the population. Foreign-born residents account for 9.3% of the population in Fort Payne, AL, and this percentage has increased by 34.8% 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	72.9%	-7.1%
% Black	1.2%	-42.9%
% Hispanic	21.9%	33.5%
% Asian	0.3%	-25.0%
% Foreign Born	9.3%	34.8%

Loading chart...

Mortgage and Risk — Fort Payne, AL

According to HUD data as of 2023, there were 237 mortgage originations in Fort Payne, AL, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Fort Payne, AL. Investor activity is low, as 5.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	237
% Conventional Loans	61.0%
% Government Loans	39.0%
% Investor Loans	5.0%
% Second Loans	1.0%
% Cash Out Refinance	15.0%

Loading chart...

Rentals and Section 8 — Fort Payne, AL

Fort Payne, AL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	414
Total Units Section 8	117
% Rentals under Section 8	N/A
% Occupied Section 8	94.2%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$240	$900	$660
2 Bedroom	-$500	$1,300	$800
3 Bedroom	-$150	$1,200	$1,050
4 Bedroom	N/A	N/A	$1,330

Fort Payne, AL—35967

Key Metrics at a Glance

Other Zip Codes in Fort Payne, AL

Home Price Trends — Fort Payne, AL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Fort Payne, AL

% of Rental Stock

Property Listings — Fort Payne, AL

Demographics — Fort Payne, AL

Race and Ethnicity

Mortgage and Risk — Fort Payne, AL

Mortgages

Rentals and Section 8 — Fort Payne, AL

Section 8 Market Size

Section 8 Opportunity

Affordability — Fort Payne, AL

Home Price to Income Ratio

Fort Payne, AL — ZIP Code Boundary Map

Nearby ZIP Codes

Fort Payne, AL

Rainsville, AL

Mentone, AL

Sylvania, AL

Collinsville, AL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.5
Median Home Price	$189,000
Median Household Income	$48,100

Fort Payne, AL—35967

Key Metrics at a Glance

Other Zip Codes in Fort Payne, AL

Home Price Trends — Fort Payne, AL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Fort Payne, AL

% of Rental Stock

Property Listings — Fort Payne, AL

Demographics — Fort Payne, AL

Race and Ethnicity

Mortgage and Risk — Fort Payne, AL

Mortgages

Rentals and Section 8 — Fort Payne, AL

Section 8 Market Size

Section 8 Opportunity

Affordability — Fort Payne, AL

Home Price to Income Ratio

Fort Payne, AL — ZIP Code Boundary Map

Nearby ZIP Codes

Fort Payne, AL

Rainsville, AL

Mentone, AL

Sylvania, AL

Collinsville, AL

Frequently Asked Questions

What is the average home price in Fort Payne, AL 35967?

How have home prices in Fort Payne, AL 35967 changed over the past year?

What is the home price projection for Fort Payne, AL 35967?

What are the demographics of Fort Payne, AL 35967?

How long does it take homes to sell in Fort Payne, AL 35967?

What is the average rent price in Fort Payne, AL 35967?