Louisville, AL—36048
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Louisville, AL
Home Price Trends — Louisville, AL
Louisville, AL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| 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 80. This is a increase of 137.0% 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 | $158,000 | -10.0% |
Listing Count | 2 | 100.0% |
| Listings as % of Homes | N/A | 100.0% |
Days on Market | 80 | 137.0% |
Demographics — Louisville, AL
As of the latest ACS Survey released in 2023, Louisville, AL has a population of 1,250, which has decreased by -15.1% over the past 5 years. Louisville, AL is a moderately popular place for families, as children make up 15.4% of the population. The area has a poorly educated workforce, with 9.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,250 | -15.1% |
% Under 18 | 15.4% | -14.4% |
% Seniors | 26.2% | 12.4% |
% WFH | 7.9% | 132.4% |
% w/ College Degree | 9.1% | 56.9% |
As of the latest ACS Survey released in 2023, Louisville, AL is a predominantly black area, with 48.8% of the population identifying as black. The black population has shrunk by 6.2% in the last 5 years. The second most common race or ethnicity in Louisville, AL is white, making up 37.7% of the population. Foreign-born residents account for 0.8% of the population in Louisville, AL, and this percentage has decreased by 60.0% 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 | 37.7% | -16.2% |
% Black | 48.8% | -6.2% |
% Hispanic | 4.9% | 145.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.8% | -60.0% |
Mortgage and Risk — Louisville, AL
According to HUD data as of 2023, there were 17 mortgage originations in Louisville, AL, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Louisville, AL. Investor activity is low, as 6.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 17 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 6.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 6.0% |
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 | 5 |
Total Units Section 8 | 5 |
% 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 | $710 |
| 2 Bedroom | N/A | N/A | $840 |
| 3 Bedroom | N/A | N/A | $1,100 |
| 4 Bedroom | N/A | N/A | $1,110 |
Affordability — Louisville, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $27,100 |