Prattville, AL—36066
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Prattville, AL
Home Price Trends — Prattville, AL
As of Oct '25, the median home price in Prattville, AL is $281,000, with a year-over-year change of 2.7%. This indicates that home prices in Prattville, AL are increasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $281,000 | 2.7% |
| Single Family | $281,000 | 2.6% |
| 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 | $243,000 | 3.0% |
4 Bed | $336,000 | 2.8% |
| 5 Bed | $492,000 | 4.9% |
% of Housing Stock
Rental Trends — Prattville, AL
As of July '25, Rentcast reports the average rent in Prattville, AL is $1,970, with a year-over-year rent change of 3.7%. Per bedroom, the median rent as of July '25 in Prattville, AL is 1-bedrooms: $1,130, 3-bedrooms: $1,780, 4-bedrooms: $2,140. The most common rental property sizes in Prattville, AL are 2-bedroom and 3-bedroom, accounting for 39.5% and 30.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $1,970 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $994 | $1,130 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,790 | $1,780 |
| 4 Bed Rent | $2,140 | $2,140 |
% of Rental Stock
Property Listings — Prattville, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Prattville, AL is 57. This is a increase of 4.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $378,000 | -2.0% |
Listing Count | 110 | 14.0% |
| Listings as % of Homes | 0.5% | 14.0% |
Days on Market | 57 | 4.0% |
Demographics — Prattville, AL
As of the latest ACS Survey released in 2023, Prattville, AL has a population of 22,300, which has increased by 16.9% over the past 5 years. Prattville, AL is a moderately popular place for families, as children make up 21.1% of the population. The area has a highly educated workforce, with 45.4% 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 | 22,300 | 16.9% |
% Under 18 | 21.1% | -15.3% |
% Seniors | 14.8% | -2.0% |
% WFH | 8.1% | 376.5% |
% w/ College Degree | 45.4% | 12.7% |
As of the latest ACS Survey released in 2023, Prattville, AL is a predominantly white area, with 68.9% of the population identifying as white. The white population has shrunk by 10.1% in the last 5 years. The second most common race or ethnicity in Prattville, AL is black, making up 20.6% of the population. Foreign-born residents account for 5.5% of the population in Prattville, AL, and this percentage has increased by 34.1% 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 | 68.9% | -10.1% |
% Black | 20.6% | 24.8% |
% Hispanic | 3.9% | 105.3% |
% Asian | 2.4% | -17.2% |
% Foreign Born | 5.5% | 34.1% |
Mortgage and Risk — Prattville, AL
According to HUD data as of 2023, there were 507 mortgage originations in Prattville, AL, of which 53.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 50.0% above 90% LTV (very high). This implies large mortgage risk in Prattville, AL. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 507 |
% Conventional Loans | 53.0% |
% Government Loans | 47.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Prattville, AL
Prattville, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 79 |
Total Units Section 8 | 79 |
% Rentals under Section 8 | 2.3% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $96 | $994 | $1,090 |
| 2 Bedroom | N/A | N/A | $1,290 |
| 3 Bedroom | -$150 | $1,790 | $1,640 |
| 4 Bedroom | -$100 | $2,140 | $2,040 |
Affordability — Prattville, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $281,000 |
| Median Household Income | $80,400 |