Tallassee, AL—36078
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Tallassee, AL
As of Oct '25, the median home price in Tallassee, AL is $183,000, with a year-over-year change of 2.0%. This indicates that home prices in Tallassee, AL are increasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $183,000 | 2.0% |
| Single Family | $186,000 | 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 | $123,000 | 4.2% |
3 Bed | $223,000 | 4.2% |
4 Bed | $334,000 | 3.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Tallassee, AL
As of July '25, Rentcast reports the average rent in Tallassee, AL is $1,180, with a year-over-year rent change of -35.2%. Per bedroom, the median rent as of July '25 in Tallassee, AL is 1-bedrooms: $775, 2-bedrooms: $1,010, 3-bedrooms: $1,370, 4-bedrooms: $1,300. The most common rental property sizes in Tallassee, AL are 3-bedroom and 2-bedroom, accounting for 49.2% and 37.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,150 | $1,180 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $775 | $775 |
| 2 Bed Rent | $1,150 | $1,010 |
| 3 Bed Rent | $1,300 | $1,370 |
| 4 Bed Rent | $1,300 | $1,300 |
% of Rental Stock
Property Listings — Tallassee, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Tallassee, AL is 76. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $284,000 | -13.0% |
Listing Count | 52 | 16.0% |
| Listings as % of Homes | 0.6% | 16.0% |
Days on Market | 76 | 1.0% |
Demographics — Tallassee, AL
As of the latest ACS Survey released in 2023, Tallassee, AL has a population of 13,500, which has increased by 2.1% over the past 5 years. Tallassee, AL is a moderately popular place for families, as children make up 21.4% of the population. The area has a poorly educated workforce, with 18.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,500 | 2.1% |
% Under 18 | 21.4% | -12.3% |
% Seniors | 20.2% | 31.2% |
% WFH | 5.4% | 440.0% |
% w/ College Degree | 18.4% | 4.5% |
As of the latest ACS Survey released in 2023, Tallassee, AL is a predominantly white area, with 77.3% of the population identifying as white. The white population has grown by 2.2% in the last 5 years. The second most common race or ethnicity in Tallassee, AL is black, making up 17.5% of the population. Foreign-born residents account for 1.3% of the population in Tallassee, AL, and this percentage has increased by 8.3% 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 | 77.3% | 2.2% |
% Black | 17.5% | -20.1% |
% Hispanic | 1.6% | -36.0% |
% Asian | 0.4% | ∞% |
% Foreign Born | 1.3% | 8.3% |
Mortgage and Risk — Tallassee, AL
According to HUD data as of 2023, there were 161 mortgage originations in Tallassee, AL, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in Tallassee, 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 | 161 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Tallassee, AL
As of 2024, the percent of homes in Tallassee, AL under the Section 8 program is 8.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Tallassee, AL, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 218 |
Total Units Section 8 | 119 |
% Rentals under Section 8 | 8.3% |
% Occupied Section 8 | 97.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $55 | $775 | $830 |
| 2 Bedroom | -$160 | $1,150 | $990 |
| 3 Bedroom | -$50 | $1,300 | $1,250 |
| 4 Bedroom | $280 | $1,300 | $1,580 |
Affordability — Tallassee, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $183,000 |
| Median Household Income | $67,700 |