Eclectic, AL—36024
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Eclectic, AL
As of Oct '25, the median home price in Eclectic, AL is $350,000, with a year-over-year change of -0.5%. This indicates that home prices in Eclectic, AL are flat. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $350,000 | -0.5% |
| Single Family | $321,000 | -0.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $277,000 | -1.8% |
3 Bed | $339,000 | 1.5% |
4 Bed | $674,000 | 2.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Eclectic, AL
As of July '25, Rentcast reports the average rent in Eclectic, AL is $1,320, with a year-over-year rent change of -21.0%. Per bedroom, the median rent as of July '25 in Eclectic, AL is 2-bedrooms: $1,520, 3-bedrooms: $1,180. The most common rental property sizes in Eclectic, AL are 3-bedroom and 2-bedroom, accounting for 47.4% and 32.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,320 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $850 | $1,520 |
| 3 Bed Rent | $1,300 | $1,180 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Eclectic, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Eclectic, AL is 90. This is a increase of 38.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $412,000 | -2.0% |
Listing Count | 46 | 9.0% |
| Listings as % of Homes | 0.7% | 9.0% |
Days on Market | 90 | 38.0% |
Demographics — Eclectic, AL
As of the latest ACS Survey released in 2023, Eclectic, AL has a population of 6,200, which has increased by 25.4% over the past 5 years. Eclectic, AL is a moderately popular place for families, as children make up 18.1% of the population. The area has a poorly educated workforce, with 17.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,200 | 25.4% |
% Under 18 | 18.1% | -0.5% |
% Seniors | 22.9% | 12.8% |
% WFH | 8.1% | 189.3% |
% w/ College Degree | 17.1% | -31.6% |
As of the latest ACS Survey released in 2023, Eclectic, AL is a predominantly white area, with 89.6% of the population identifying as white. The white population has grown by 5.2% in the last 5 years. The second most common race or ethnicity in Eclectic, AL is black, making up 6.8% of the population. Foreign-born residents account for 0.1% of the population in Eclectic, AL, and this percentage has decreased by 87.5% 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 | 89.6% | 5.2% |
% Black | 6.8% | -41.4% |
% Hispanic | 1.1% | 0.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.1% | -87.5% |
Mortgage and Risk — Eclectic, AL
According to HUD data as of 2023, there were 215 mortgage originations in Eclectic, AL, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Eclectic, AL. Investor activity is low, as 2.0% 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 | 215 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 2.0% |
% Second Loans | 18.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Eclectic, AL
Eclectic, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | $830 |
| 2 Bedroom | $140 | $850 | $990 |
| 3 Bedroom | -$50 | $1,300 | $1,250 |
| 4 Bedroom | N/A | N/A | $1,580 |
Affordability — Eclectic, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6 |
| Median Home Price | $350,000 |
| Median Household Income | $54,200 |