Rainsville, AL—35986
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rainsville, AL
Rainsville, AL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $220,000 | 5.6% |
| Single Family | $220,000 | 5.3% |
| 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 | $235,000 | 5.4% |
4 Bed | $305,000 | 4.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Rainsville, AL
As of July '25, Rentcast reports the average rent in Rainsville, AL is $1,630, with a year-over-year rent change of 81.3%. Per bedroom, the median rent as of July '25 in Rainsville, AL is 1-bedrooms: $836, 3-bedrooms: $2,020. The most common rental property sizes in Rainsville, AL are 2-bedroom and 3-bedroom, accounting for 45.5% and 27.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $1,630 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $836 | $836 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,700 | $2,020 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Rainsville, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Rainsville, AL is 59. This is a increase of 54.0% 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 9.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $275,000 | -1.0% |
Listing Count | 47 | 44.0% |
| Listings as % of Homes | 0.6% | 44.0% |
Days on Market | 59 | 54.0% |
Demographics — Rainsville, AL
As of the latest ACS Survey released in 2023, Rainsville, AL has a population of 8,220, which has increased by 1.1% over the past 5 years. Rainsville, AL is a moderately popular place for families, as children make up 24.4% of the population. The area has a poorly educated workforce, with 24.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,220 | 1.1% |
% Under 18 | 24.4% | 2.1% |
% Seniors | 19.7% | 47.0% |
% WFH | 3.9% | 200.0% |
% w/ College Degree | 24.6% | 179.5% |
As of the latest ACS Survey released in 2023, Rainsville, AL is a predominantly white area, with 81.8% of the population identifying as white. The white population has shrunk by 9.3% in the last 5 years. The second most common race or ethnicity in Rainsville, AL is hispanic, making up 9.4% of the population. Foreign-born residents account for 3.6% of the population in Rainsville, AL, and this percentage has increased by 100.0% 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 | 81.8% | -9.3% |
% Black | 0.9% | -72.7% |
% Hispanic | 9.4% | 184.8% |
% Asian | 0.7% | ∞% |
% Foreign Born | 3.6% | 100.0% |
Mortgage and Risk — Rainsville, AL
According to HUD data as of 2023, there were 160 mortgage originations in Rainsville, AL, of which 57.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Rainsville, AL. Investor activity is low, as 3.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 160 |
% Conventional Loans | 57.0% |
% Government Loans | 43.0% |
% Investor Loans | 3.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Rainsville, AL
Rainsville, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 117 |
Total Units Section 8 | 38 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$246 | $836 | $590 |
| 2 Bedroom | N/A | N/A | $780 |
| 3 Bedroom | -$650 | $1,700 | $1,050 |
| 4 Bedroom | N/A | N/A | $1,280 |
Affordability — Rainsville, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $220,000 |
| Median Household Income | $65,800 |