Luverne, AL 36049 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Luverne, AL—36049

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$142,000

1.1% YoY Growth

Household Income

$53,100

29.3% YoY Growth

Days on Market

123

24.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

$1,600

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$1,600

N/A

Home Price Trends — Luverne, AL

Luverne, AL lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$142,000	1.1%
Single Family	$142,000	0.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Luverne, AL

Luverne, AL lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	$1,600	$1,600
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	$1,600	$1,600
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

7.7%

1 Bedroom

8.4%

2 Bedrooms

38.7%

3 Bedrooms

39.5%

4 Bedrooms

5.7%

Property Listings — Luverne, AL

As of Dec '25, Realtor.com reports that the median days on market for a home in Luverne, AL is 95. This is a decrease of -45.0% from last year, suggesting that homes are sitting on the market shorter 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	$187,000	16.0%
Listing Count	21	34.0%
Listings as % of Homes	0.6%	34.0%
Days on Market	123	-24.0%

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Demographics — Luverne, AL

As of the latest ACS Survey released in 2023, Luverne, AL has a population of 5,310, which has decreased by -12.4% over the past 5 years. Luverne, AL is a moderately popular place for families, as children make up 21.2% of the population. The area has a poorly educated workforce, with 18.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	5,310	-12.4%
% Under 18	21.2%	-3.6%
% Seniors	22.8%	14.0%
% WFH	6.5%	-12.2%
% w/ College Degree	18.2%	-11.2%

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As of the latest ACS Survey released in 2023, Luverne, AL is a predominantly white area, with 69.6% of the population identifying as white. The white population has shrunk by 4.4% in the last 5 years. The second most common race or ethnicity in Luverne, AL is black, making up 22.1% of the population. Foreign-born residents account for 3.3% of the population in Luverne, AL, and this percentage has increased by 73.7% 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	69.6%	-4.4%
% Black	22.1%	-3.5%
% Hispanic	2.2%	266.7%
% Asian	1.4%	-12.5%
% Foreign Born	3.3%	73.7%

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Mortgage and Risk — Luverne, AL

According to HUD data as of 2023, there were 109 mortgage originations in Luverne, AL, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Luverne, AL. Investor activity is low, as 15.0% 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	109
% Conventional Loans	83.0%
% Government Loans	17.0%
% Investor Loans	15.0%
% Second Loans	1.0%
% Cash Out Refinance	3.0%

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Rentals and Section 8 — Luverne, AL

Luverne, AL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	200
Total Units Section 8	59
% Rentals under Section 8	N/A
% Occupied Section 8	79.0%

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	-$400	$1,600	$1,200
4 Bedroom	N/A	N/A	$1,330

Luverne, AL—36049

Key Metrics at a Glance

Home Price Trends — Luverne, AL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Luverne, AL

% of Rental Stock

Property Listings — Luverne, AL

Demographics — Luverne, AL

Race and Ethnicity

Mortgage and Risk — Luverne, AL

Mortgages

Rentals and Section 8 — Luverne, AL

Section 8 Market Size

Section 8 Opportunity

Affordability — Luverne, AL

Home Price to Income Ratio

Luverne, AL — ZIP Code Boundary Map

Nearby ZIP Codes

Thomas Crossroad, AL

Sardis, AL

Brantley, AL

Henderson, AL

Grady, AL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.5
Median Home Price	$142,000
Median Household Income	$53,100

Luverne, AL—36049

Key Metrics at a Glance

Home Price Trends — Luverne, AL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Luverne, AL

% of Rental Stock

Property Listings — Luverne, AL

Demographics — Luverne, AL

Race and Ethnicity

Mortgage and Risk — Luverne, AL

Mortgages

Rentals and Section 8 — Luverne, AL

Section 8 Market Size

Section 8 Opportunity

Affordability — Luverne, AL

Home Price to Income Ratio

Luverne, AL — ZIP Code Boundary Map

Nearby ZIP Codes

Thomas Crossroad, AL

Sardis, AL

Brantley, AL

Henderson, AL

Grady, AL

Frequently Asked Questions

What is the average home price in Luverne, AL 36049?

How have home prices in Luverne, AL 36049 changed over the past year?

What is the home price projection for Luverne, AL 36049?

What are the demographics of Luverne, AL 36049?

How long does it take homes to sell in Luverne, AL 36049?

What is the average rent price in Luverne, AL 36049?