Hammondville, AL—35989
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hammondville, AL
Hammondville, AL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $212,000 | 2.3% |
| Single Family | $212,000 | 2.4% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hammondville, AL
Hammondville, 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 — Hammondville, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Hammondville, AL is 65. This is a increase of 35.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $443,000 | 19.0% |
Listing Count | 11 | -45.0% |
| Listings as % of Homes | 0.3% | -45.0% |
Days on Market | 65 | 35.0% |
Demographics — Hammondville, AL
As of the latest ACS Survey released in 2023, Hammondville, AL has a population of 3,790, which has increased by 7.8% over the past 5 years. Hammondville, AL is a popular place for families, as children make up 29.0% of the population. The area has a poorly educated workforce, with 11.6% 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 | 3,790 | 7.8% |
% Under 18 | 29.0% | 8.6% |
% Seniors | 16.7% | 5.7% |
% WFH | 3.9% | -18.8% |
% w/ College Degree | 11.6% | -41.7% |
As of the latest ACS Survey released in 2023, Hammondville, AL is a predominantly white area, with 79.9% of the population identifying as white. The white population has shrunk by 3.0% in the last 5 years. The second most common race or ethnicity in Hammondville, AL is hispanic, making up 16.1% of the population. Foreign-born residents account for 7.3% of the population in Hammondville, AL, and this percentage has decreased by 3.9% 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 | 79.9% | -3.0% |
% Black | 0.1% | -92.3% |
% Hispanic | 16.1% | 6.6% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 7.3% | -3.9% |
Mortgage and Risk — Hammondville, AL
According to HUD data as of 2023, there were 60 mortgage originations in Hammondville, AL, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Hammondville, AL. Investor activity is low, as 7.0% 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 | 60 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 7.0% |
% Second Loans | 17.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Hammondville, AL
Hammondville, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 40 |
Total Units Section 8 | 3 |
% 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 | $590 |
| 2 Bedroom | N/A | N/A | $780 |
| 3 Bedroom | N/A | N/A | $1,050 |
| 4 Bedroom | N/A | N/A | $1,280 |
Affordability — Hammondville, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $212,000 |
| Median Household Income | $43,800 |