Louisville, AL—36005
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Louisville, AL
Home Price Trends — Louisville, AL
As of Oct '25, the median home price in Louisville, AL is $142,000, with a year-over-year change of -3.4%. This indicates that home prices in Louisville, AL are decreasing. According to Zillow, the 1-year price projection is -4.6%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $142,000 | -3.4% |
| Single Family | $142,000 | -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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Louisville, AL
Louisville, 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 — Louisville, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Louisville, AL is 177. This is a increase of 276.0% 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 | $299,000 | 29.0% |
Listing Count | 6 | 69.0% |
| Listings as % of Homes | 0.0% | 69.0% |
Days on Market | 177 | 276.0% |
Demographics — Louisville, AL
As of the latest ACS Survey released in 2023, Louisville, AL has a population of 1,490, which has decreased by -9.4% over the past 5 years. Louisville, AL is a moderately popular place for families, as children make up 21.4% of the population. The area has a poorly educated workforce, with 10.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,490 | -9.4% |
% Under 18 | 21.4% | 9.2% |
% Seniors | 19.9% | -7.9% |
% WFH | 2.1% | ∞% |
% w/ College Degree | 10.9% | -34.3% |
As of the latest ACS Survey released in 2023, Louisville, AL is a predominantly white area, with 63.1% of the population identifying as white. The white population has grown by 20.4% in the last 5 years. The second most common race or ethnicity in Louisville, AL is black, making up 26.9% of the population. Foreign-born residents account for 4.2% of the population in Louisville, AL, and this percentage has increased by 250.0% 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 | 63.1% | 20.4% |
% Black | 26.9% | -40.9% |
% Hispanic | 0.9% | 125.0% |
% Asian | 3.2% | 100.0% |
% Foreign Born | 4.2% | 250.0% |
Mortgage and Risk — Louisville, AL
According to HUD data as of 2023, there were 29 mortgage originations in Louisville, AL, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Louisville, AL. Investor activity is low, as 0.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 29 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 0.0% |
% Second Loans | 7.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Louisville, AL
Louisville, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
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 | $760 |
| 2 Bedroom | N/A | N/A | $1,000 |
| 3 Bedroom | N/A | N/A | $1,200 |
| 4 Bedroom | N/A | N/A | $1,330 |
Affordability — Louisville, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $142,000 |
| Median Household Income | $46,000 |