Lapine, AL—36046
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lapine, AL
Lapine, AL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $140,000 | 1.2% |
| Single Family | $140,000 | 2.2% |
| 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 — Lapine, AL
Lapine, 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 — Lapine, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Lapine, AL is 127. This is a increase of 18.0% 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 | $330,000 | 24.0% |
Listing Count | 1 | -20.0% |
| Listings as % of Homes | 0.2% | -20.0% |
Days on Market | 127 | 18.0% |
Demographics — Lapine, AL
As of the latest ACS Survey released in 2023, Lapine, AL has a population of 1,430, which has remained stable by 1.0% over the past 5 years. Lapine, AL is a moderately popular place for families, as children make up 23.9% of the population. The area has a poorly educated workforce, with 12.4% 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 | 1,430 | 1.0% |
% Under 18 | 23.9% | 24.5% |
% Seniors | 15.9% | -27.4% |
% WFH | 3.9% | 160.0% |
% w/ College Degree | 12.4% | 6.9% |
As of the latest ACS Survey released in 2023, Lapine, AL is a predominantly white area, with 56.6% of the population identifying as white. The white population has shrunk by 11.4% in the last 5 years. The second most common race or ethnicity in Lapine, AL is black, making up 36.3% of the population. Foreign-born residents account for 0.0% of the population in Lapine, AL, and this percentage has decreased by 100.0% 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 | 56.6% | -11.4% |
% Black | 36.3% | 9.0% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Lapine, AL
According to HUD data as of 2023, there were 30 mortgage originations in Lapine, AL, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 89.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Lapine, AL. Investor activity is low, as 7.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 30 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 7.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Lapine, AL
Lapine, 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 | N/A | N/A | $990 |
| 3 Bedroom | N/A | N/A | $1,250 |
| 4 Bedroom | N/A | N/A | $1,580 |
Affordability — Lapine, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $140,000 |
| Median Household Income | $43,900 |